Real Madrid's search for a marquee signing has suffered an early setback after Atletico Madrid rejected a 150 million euros offer for Argentina forward Julian Alvarez.
Real Madrid are on the verge of bringing Jose Mourinho back to the Santiago Bernabeu after Benfica confirmed on Tuesday that he is set to leave the club for a 15-million-euro fee.
Florentino Perez has been re-elected as Real Madrid president after winning the club's first contested election in 20 years.
Former Manchester City captain Bernardo Silva has refused to confirm whether Barcelona will be his next destination.
Barcelona teenager Lamine Yamal has been named La Liga's Player of the Season after playing a leading role in the club's successful defence of the Spanish title.
Florentino Perez has promised to unveil Real Madrid's first major signing for next season on Thursday, using the prospect of new arrivals to strengthen his campaign ahead of the club's presidential election this weekend.