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Real Madrid are preparing for a short trip across town to face Rayo Vallecano on Saturday, December 14, in LaLiga. Carlo Ancelotti's team are second in the league table after 16 games, four points behind Barcelona who have played a game more.
Meanwhile, Chelsea want an exorbitant fee to allow Cole Palmer to leave Stamford Bridge. Elsewhere, Los Blancos are not considering a move for an AC Milan full-back in 2025.
On that note, let's look at the major Real Madrid transfer stories from December 12, 2024.
Chelsea want €200m for Cole Palmer
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Cole Palmer
Chelsea want more than €200m to part ways with Cole Palmer, according to Fichajes. The English midfielder has been on fire since arriving at Stamford Bridge in the summer of 2023.
He has registered 11 goals and six assists from 17 games across competitions this season and has reportedly turned heads at Real Madrid. Los Blancos have recently modified their transfer approach and are now targeting younger talents in the market.
The LaLiga giants have apparently set their sights on Palmer at the moment. The 22-year-old, however, is under contract with the Blues until 2033 and the club are under no pressure to let him go.
Real Madrid are planning to test their resolve by initiating a move for the player in 2025. However, Chelsea have slapped an astronomical fee on the player's head to ward off the Spanish champions.
Real Madrid not eyeing Theo Hernandez
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Theo Hernandez
According to Real Madrid Confidencial, Los Blancos are not eyeing a move for Theo Hernandez. The French left-back has been in fine form for AC Milan of late and the LaLiga champions were reportedly offered the chance to sign him for €50m next summer.
However, the Santiago Bernabeu hierarchy is not interested in the player as they have their eyes firmly on Alphonso Davies. The Canadian's contract with Bayern Munich expires at the end of this season and he hasn't signed a new deal.
Real Madrid are planning to mount a Bosman move for the player next summer. Even if they miss out on the 24-year-old, the club believe the current options in their squad - Ferland Mendy and Fran Garcia - are an upgrade on Theo Hernandez. As such, they will not move for the 27-year-old in 2025.
Liverpool eyeing Aurelien Tchouameni swap deal
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Aurelien Tchouameni
According to Defensa Central, Liverpool want Aurelien Tchouameni as part of a swap deal for Ryan Gravenberch. The Reds are long-term admirers of the French midfielder and tried to sign him in 2022 before he moved to the Santiago Bernabeu.
While Tchouameni remains a key figure under Carlo Ancelotti, it is believed that Los Blancos are eyeing an upgrade for the No. 6 role. Recent reports have suggested that they have their eyes on Gravenberch for the job.
The Dutchman has been a hit since arriving at Anfield this summer and is a first-team regular under Arne Slot. However, the Merseyside giants are supposedly willing to consider his exit in 2025, provided they get Aurelien Tchouameni in return.
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Edited by Samya Majumdar