Real Madrid have made it crystal clear that the FIFA Club World Cup is not just another tournament, it is the battleground where they intend to reboot their sporting project under new manager Xabi

Real Madrid, whose revenues have been supercharged by the revamp of its Santiago Bernabéu stadium, has seen its valuation pull away from its major rivals.

Real Madrid began their summer rebuild with the signing of Bournemouth center-back Dean Huijsen, activating his $58 million (£50 million) release clause. The young Spaniard is the first of several players set to move to Madrid under new head coach Xabi Alonso.

Real Madrid 'launch transfer hijack' to leave Liverpool move in the balance - The most in-demand player in Europe has looked destined for the Premier League

Real Madrid are pushing to sign Bayer Leverkusen winger Florian Wirtz now his former boss Xabi Alonso has been unveiled as new manager of Los Blancos, despite the 22-year-old Germany international being strongly tipped to join Liverpool.