# Transfer speculation surrounding Martin Zubimendi > Live situation record from CLSTR: https://clstr.news/situations/transfer-interest-in-martin-zubimendi > Updated: 2026-09-09T14:31:00.000Z. Sources: 34. Developments: 8. Arsenal is navigating a period of midfield transition following the £75 million signing of Bruno Guimarães. While the club previously intended to retain Martin Zubimendi as an “essential part of their project,” his position has become less certain due to increased squad depth. Real Madrid has identified the 27-year-old as a primary target to allow Jude Bellingham to play in more advanced positions alongside Aurélien Tchouaméni and Federico Valverde. However, a valuation gap persists: while Arsenal may demand between 110 and 120 million euros, Real Madrid President Florentino Pérez has indicated a refusal to begin official negotiations if the price exceeds 75 million euros. To facilitate the move, Real Madrid is reportedly looking to receive an official offer for Eduardo Camavinga, whose departure is considered a prerequisite for finalizing documentation for Zubimendi. As the situation evolves, Zubimendi may seek an exit during the January transfer window due to limited playing time. Despite his role in Arsenal’s recent Premier League and Champions League campaigns, intense competition has seen him relegated to the bench. Both Real Madrid and Chelsea have reportedly maintained contact with his representatives. While Arsenal has previously blocked exits to maintain depth, the midfielder may request a move if his status as a substitute does not change. Real Madrid continues to monitor Zubimendi as a potential defensive midfield reinforcement for the upcoming January transfer window, facing ongoing competition from Chelsea. ## Timeline ### 2026-09-09: Martin Zubimendi may seek January exit from Arsenal Arsenal midfielder Martin Zubimendi may seek a transfer in January due to limited playing time, with Real Madrid and Chelsea monitoring the situation. 3 sources. https://clstr.news/cluster/martin-zubimendi-may-seek-january-exit-from-arsenal ### 2026-09-09: Real Madrid targets contract renewals and new midfield signings Real Madrid is moving to secure key players, with imminent contract renewals for Thibaut Courtois and Arda Güler, while targeting Declan Rice and Martin Zubimendi to strengthen its midfield. 2 sources. https://clstr.news/cluster/real-madrid-targets-contract-renewals-and-new-midfield-signings ### 2026-08-28: Real Madrid targets Arsenal's Martin Zubimendi Real Madrid is targeting Arsenal midfielder Martin Zubimendi to bolster their midfield, potentially using the sale of Eduardo Camavinga to fund the deal. 3 sources. https://clstr.news/cluster/real-madrid-targets-arsenals-martin-zubimendi ### 2026-08-22: Martin Zubimendi linked to Real Madrid amid Arsenal transfer speculation Real Madrid is reportedly interested in Arsenal midfielder Martin Zubimendi, though Arsenal maintains he is a key part of Mikel Arteta's project despite conflicting reports on the player's desire to leave. 5 sources. https://clstr.news/cluster/martin-zubimendi-linked-to-real-madrid-amid-arsenal-transfer-speculation ### 2026-08-17: Martin Zubimendi attracts interest from Real Madrid and Chelsea Arsenal midfielder Martin Zubimendi is attracting interest from Real Madrid and Chelsea, though manager Mikel Arteta maintains the player is vital to the squad. 6 sources. https://clstr.news/cluster/arsenal-considers-sale-of-martin-zubimendi-for-90-million-euros ### 2026-08-14: Arsenal midfield faces transfer speculation following Guimarães signing Arsenal faces transfer speculation involving midfielder Martin Zubimendi, who is linked to Real Madrid, and academy talent Myles Lewis-Skelly, amid increased competition following Bruno Guimarães' arrival. 7 sources. https://clstr.news/cluster/arsenal-to-retain-martin-zubimendi-despite-transfer-interest ### 2026-08-12: Real Madrid targets Arsenal's Martín Zubimendi Real Madrid is targeting Arsenal's Martín Zubimendi as a midfield reinforcement after failing to secure Rodri, who signed with FC Barcelona. Arsenal may demand up to €90 million for the player. 5 sources. https://clstr.news/cluster/real-madrid-targets-arsenals-martn-zubimendi ### 2026-08-05: Chelsea Targets Arsenal Midfielder Martin Zubimendi, Manager Xabi Alonso Chelsea manager Xabi Alonso is interested in Arsenal midfielder Martin Zubimendi, who joined Arsenal last summer for £55.8 million and helped win the Premier League. No deal confirmed yet. 8 sources. https://clstr.news/cluster/chelsea-targets-arsenal-midfielder-martin-zubimendi-manager-xabi-alonso --- Cite as: Transfer speculation surrounding Martin Zubimendi. CLSTR, https://clstr.news/situations/transfer-interest-in-martin-zubimendi