Let us be honest, Real Madrid’s performances last season were not up to par with what boss Florentino Perez and the Madridistas expect from the club. Therefore, it came as no surprise that now Brazil manager Carlo Ancelotti was not rewarded with a new contract.
Indeed, Real lost their Champions League crown to Paris Saint-Germain in the 2024/25 campaign, having been knocked out 5-1 on aggregate by Premier League side Arsenal in the quarter-final of the competition. Los Blancos also lost out on the LaLiga title to bitter rivals Barcelona, which branded last season a failure by their own usual high standards.
This summer was therefore always going to be a big one for the club, and one that would usher in a new era at the Bernabeu with Xabi Alonso in the hot seat. However, a poor first half of the season saw him sacked and replaced by interim boss Alvaro Arbeloa in January, and we have outlined Real's transfer business below…
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Real Madrid new signings January 2026
Dean Huijsen
Bournemouth
£50m
Alvaro Carreras
Benfica
£43.5m
Franco Mastantuono
River Plate
£40m
Trent Alexander-Arnold
Liverpool
£8.5m
Real did not make any new signings in January.
Real Madrid confirmed arrivals January 2026 – Full list
- N/A
Real Madrid confirmed departures January 2026
- Endrick (Lyon) – Loan
Real Madrid transfer window rating: Grade E
While Real hardly did any business in January, their squad got weaker with the loan of Endrick to Lyon, who has been playing well in France. Given recent injuries to the likes of Rodrygo, Kylian Mbappe and Jude Bellingham, perhaps Los Blancos should have kept hold of the Brazilian for added squad depth.
