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Transfer speculation surrounding Martin Zubimendi

Updated 10 times since CLSTR started tracking revisions of this situation.

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2026-09-09 17:10 UTC → 2026-09-10 14:46 UTC · added ~~removed~~

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.

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