Chelsea and Liverpool have encountered obstacles in their pursuit of La Liga defender Jacobo Ramón, who has established himself as a key player at Como after leaving Real Madrid for €2.5 million in the summer of 2025. Despite Real Madrid retaining 50% of his rights, Ramón is not considering a return to the club at this time.

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Real Madrid is currently facing a defensive crisis, with José Mourinho reportedly having to adapt after the recent injury to center-back Ibrahima Konate. This situation has intensified the club's need for reinforcements in defense.

Additionally, Real Madrid is closely monitoring young defenders, including Stuttgart's Finn Jeltsch, indicating their ongoing efforts to strengthen their defensive lineup. Meanwhile, reports suggest that Antonio Rudiger could be approaching the end of his tenure with the club, heightening the urgency for new talent.

Trent Alexander-Arnold has also attracted attention from both Arsenal and Liverpool, but he has stated that he has no plans to leave Real Madrid in January.