Transfer news and rumours LIVE: Real Madrid Lead Shock Chase for Bernardo Silva as Barca Drop Out

Real Madrid Lead Shock Chase for Bernardo Silva as Barca Drop Out

According to reports from Spain, Real Madrid are in advanced negotiations to pull off a stunning free transfer for Manchester City midfielder Bernardo Silva. While Atletico Madrid remain firmly in the race, Barcelona have officially bowed out due to their inability to match the financial packages offered by their domestic rivals.

Barcelona Pass on Rashford's Impending Release Clause

Barcelona have decided against triggering the 26 million pounds release clause for Manchester United forward Marcus Rashford, according to the Daily Mirror. The cut-price clause is set to expire this coming Monday, leaving United to explore other avenues for the attacker.

Man City Women Close In on Charles and Mead Double Swoop

Manchester City are making a massive statement of intent in the WSL. Chelsea defender Niamh Charles has completed her medical ahead of a move to Manchester, while Arsenal forward Beth Mead is set to join City on a free transfer when her current contract expires at the end of the month.

Manchester United Close on 38m Ederson Deal

Manchester United are on the verge of securing a 38 million pounds agreement with Atalanta for midfielder Ederson. The package is expected to consist of a 35 million pounds flat fee plus 3 million pounds in add-ons, with the Brazilian targeted as the direct replacement for the outgoing Casemiro.

Atletico Mock Real Madrid's Blown 129m Alvarez Bid

Atletico Madrid have publicly laughed off a massive 129 million pounds bid from city rivals Real Madrid for striker Julian Alvarez. Atletico took to social media to mock the offer, reiterating that they have no intention of studying any bids for the Argentine star, who is contracted until 2030.

City Plot Record Breaking Swoop

Manchester City have stolen the early headlines by launching a sensational package worth up to 120 million pounds for Nottingham Forest's midfield maestro Elliot Anderson. The reigning champions have structured the offer as a 106 million pounds flat fee plus performance-related add-ons. However, Forest are holding out for a guarantee, hoping the upfront figure eclipses the current British transfer record the 125 million pounds Liverpool paid to lure Alexander Isak away from Newcastle last year.

United Track Relegated Star

Weighing up options to bolster their spine, Manchester United are heavily exploring options. High on their shortlist is West Ham United's Mateus Fernandes. Despite suffering the drop twice in his first two Premier League campaigns, Europe's elite remain enamored with his profile. United, however, will have to dig deep, as the Hammers are demanding a whopping 80 million pounds premium for the midfielder.

Coaching Carousel Spins Out of Control

Off the pitch, an extraordinary managerial chain reaction is unfolding across Europe. Jose Mourinho is poised for a dramatic return to the Real Madrid dugout. He is set to succeed Alvaro Arbeloa, who left the Spanish giants on Tuesday after taking over from a sacked Xabi Alonso in January. Meanwhile, Arbeloa might not be out of work for long, as Fulham have held preliminary talks with the Spaniard. The West London club are hunting for a new boss after Marco Silva vacated his post to take the reins at Benfica. In another shock development, Kieran McKenna has stepped down as Ipswich Town manager after a historic five-year spell that saw back-to-back promotions before a top-flight relegation last term. While McKenna takes a sabbatical, Strasbourg's Gary O'Neil and former Chelsea chief Liam Rosenior have emerged as frontrunners to fill the void at Portman Road.