Real Madrid have been linked with Martin Zubimendi for some time, but the latest developments have reopened the possibility in a way that could significantly affect the Arsenal midfielder’s future in the coming months. While attention had been focused on whether Los Blancos would return to the winter transfer market, a new report has now provided a notable update.

The situation is no longer simply about previous interest or monitoring the player. Reports are now claiming that Zubimendi could move to Real Madrid when the January transfer window opens, with the midfielder’s uncertain situation at Arsenal potentially creating an opportunity for one of the winter window’s biggest transfers.
Martin Zubimendi currently plays for Arsenal after joining the Premier League club from Real Sociedad in the summer of 2025 for around €70 million. Real Madrid had previously shown interest in signing the Spain international before his move to England, but the Spanish giants did not complete a deal at the time.

According to a report published by Siempre Madrid, Real Madrid could return to the transfer market in January 2027 in search of another midfielder, particularly after failing to sign Enzo Fernandez and Rodri during the summer window. The report suggests that Zubimendi’s situation at Arsenal could make a winter move possible.
The report claims that Zubimendi is unhappy with his current situation at Arsenal after dropping down the midfield pecking order, while the London club are reportedly prepared to consider suitable offers for his departure. In this context, the report cited Spanish journalist Javi Roldan of El Confidencial, who claimed that Zubimendi will join Real Madrid during the winter transfer window.
Roldan said: “Zubimendi is going to join Real Madrid in the winter window. And, with him being a great footballer, he’s going to be a great signing.”
The latest development comes against the backdrop of Real Madrid’s previous interest in Zubimendi. The Spanish midfielder had been considered as one of the options to help fill the void left by Toni Kroos before eventually moving to Arsenal. Current reports suggest that Real Madrid could once again view him as a potential midfield reinforcement if the club decides to make a move in January.

Zubimendi’s situation at Arsenal over the coming months is expected to be an important factor in determining whether the transfer develops further, particularly because reports have linked his potential departure to a lack of regular playing time. If that situation continues, a January move to Real Madrid could become a more serious possibility, although for now it remains a reported potential transfer rather than an officially confirmed deal.
