Franco Mastantuono (River Plate)
Announcement expected next week
Real Madrid will sign 17-year-old Argentine star Franco Mastantuono for €45 million from River Plate. He’ll join Los Blancos in August after playing in the Club World Cup for River.
Madrid beat PSG and Manchester United in the race after the player chose them as his top option. He signs a six-year contract and is viewed as a midfield successor to Luka Modric.
Jobe Bellingham (Sunderland)
June 2025 (pending completion)
Borussia Dortmund will sign Sunderland’s Jobe Bellingham for €33m plus €5m in add-ons, setting a club record fee for Sunderland and potentially for Dortmund, depending on add-ons.
After an initial €20m offer was rejected, Dortmund returned with an improved bid. The deal includes a 15% sell-on clause, making Bellingham one of the most expensive young talents in Europe.
Jamie Gittens (Borussia Dortmund)
Before Tuesday’s Club World Cup deadline
Chelsea have agreed personal terms with Dortmund winger Jamie Gittens on a seven-year deal but haven’t finalized a fee. Dortmund rejected Chelsea’s €35m bid and demand €50–60m for the England youth international.
The Blues are racing to finalize the deal before the Club World Cup registration window closes. Dortmund value the 20-year-old highly, while Chelsea hope to negotiate down the fee after personal terms were settled.
Jack Grealish (Manchester City)
Ahead of 2025/26 season
Newcastle are exploring a season-long loan for Jack Grealish, who’s been left out of Man City’s Club World Cup squad and appears to be out of favour under Pep Guardiola.
Eddie Howe is keen on the winger but won’t pursue a permanent deal due to Grealish’s high wages. Newcastle must find a salary solution to secure the move.
Ben Davies (Tottenham Hotspur)
Extension confirmed June 2025
Tottenham have activated the one-year extension clause in Ben Davies’ contract, keeping the Welsh defender at the club until summer 2026.
The club announced the decision officially, rewarding the veteran’s consistency and versatility across the backline. He remains an experienced squad player under Ange Postecoglou.
Cristiano Ronaldo (Al Nassr)
June 2025
Cristiano Ronaldo confirmed he will not play at the Club World Cup, despite multiple offers. He emphasized his focus on the national team as Portugal heads into the Nations League final against Spain.
Out of contract at Al Nassr, Ronaldo said he’s had many invitations but ruled out a Club World Cup appearance. He downplayed comparisons with Lamine Yamal, stressing it’s team vs team, not player vs player.
Rayan Ait-Nouri (Wolverhampton Wanderers > Manchester City)
Deal expected to finalize by Tuesday
Manchester City have reached an agreement to sign left-back Rayan Ait-Nouri from Wolves in a deal worth up to £36.3m, with plans to include him in the Club World Cup squad.
City will pay an initial £31m with add-ons. Ait-Nouri will discuss personal terms and undergo a medical before the Club World Cup squad deadline..
Kepa Arrizabalaga (Bournemouth)
Ongoing, expected to finalize soon
Arsenal are progressing toward signing Kepa Arrizabalaga from Chelsea by triggering his £5m release clause. He is expected to compete with David Raya for the No. 1 role.
Kepa impressed Arsenal with his commitment and desire to earn a place. He spent last season on loan at Bournemouth; Neto has since returned, freeing the spot
Tijjani Reijnders (AC Milan > Manchester City)
Medical expected on Sunday, June 9, 2025
Manchester City have agreed a €55 million (£46.3m) deal to sign Tijjani Reijnders from AC Milan on a five-year contract. The Dutch midfielder scored 15 goals last season in Serie A.
Reijnders emerged as Milan’s top-performing midfielder amid a poor team campaign. With Kevin De Bruyne departing, he will add fresh firepower to Guardiola’s midfield.
Rafael Leão (AC Milan)
June 8, 2025
Rafael Leão has informed AC Milan of his desire to leave this summer. The club has set a minimum transfer fee of €70 million for the Portuguese winger.
Bayern Munich have made initial contact but no formal offer has been submitted yet. The 25-year-old is on their shortlist, though talks remain at an early stage.
