According to Fabrizio Romano, Raphinha is close to signing a new contract with Barcelona, while the club is also working on contract extensions for Gavi and Marc Bernal. Real Madrid is pushing for renewals with Güler and Courtois, and has begun negotiations with Bellingham. Atlético Madrid continues to firmly refuse to let Álvarez join Barcelona.

Barcelona is also preparing contract renewals for Gavi and Marc Bernal, while Real Madrid is advancing renewals for Güler and Courtois and has started negotiations with Bellingham. Atlético Madrid still refuses to allow Álvarez to move to Barcelona.

The transfer market is always active, even when officially closed. This is especially true for top Spanish clubs, which never stop seeking opportunities, targeting new signings, or finalizing renewals as quickly as possible.

Barcelona secures the future

Barcelona is experiencing one of its best periods in recent history and is planning for the future strategically. Sporting director Deco has already reached agreements with three players, and their contracts are expected to be officially finalized in the coming weeks. However, Barcelona's efforts don't stop there; the club is working on multiple fronts.

Identifying young talent remains a top priority. A year ago, Barcelona signed Hamza from Egypt and has renewed his contract with a new €150 million release clause. The club will decide in January whether he remains with the team or goes out on loan.

Meanwhile, the sporting management is also keeping an eye on other promising talents, such as Rúben Neves. The Bournemouth midfielder has been on Barcelona's radar for several months, having been discreetly scouted, and has received very positive evaluations from Deco and the club's management.

Álvarez: Atlético maintains its stance

What about Álvarez? Deco himself has described this summer's transfer saga as "a thing of the past." Barcelona is very satisfied with Raphinha's performance as a striker and has Gabriel Jesus as an alternative.

Flick also believes Adeyemi and Gordon can fill that position, in addition to young prospect Hamza. Barcelona has not given up on Álvarez, but for now, the wall built by Atlético Madrid remains very high.

The Rojiblancos have no intention of selling the Argentine to Barcelona this summer, and their stance has not changed. Their CEO, Miguel Ángel Gil Marín, also does not want to open the door for future dealings with Barcelona, which greatly complicates any potential move.

However, all parties agree on one thing: after a complex few months, it is now time for Álvarez to have some peace and quiet for the coming months. The striker will focus on Atlético. As for what happens next, we'll see then.

Real Madrid continues to monitor Jacobo Ramón

Real Madrid, after an extremely ambitious summer transfer window, is also continuing its planning. One name to watch is Jacobo Ramón, who is currently at Como.

The Whites have a repurchase option for €9 million in summer 2027 and are closely monitoring his development. His situation will be evaluated in the coming months, partly depending on the future of Antonio Rüdiger, who might leave Real Madrid from the 2027/28 season, though nothing has been decided yet.

Güler and Courtois lead the way; Bellingham next

The club is also advancing contract negotiations with Thibaut Courtois, considered one of the world's best goalkeepers.

The next name on the agenda is Bellingham. Negotiations to extend his contract have quietly begun. Real Madrid is very satisfied with the English star, and his renewal has been listed as a priority, following Güler and Courtois.

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