Real Madrid is set to hold contract negotiations with representatives for Vinicius Jr. this week as the club seeks to reach an agreement on a new long-term deal for the 26-year-old winger. The forward currently has one year remaining on his contract.

Arsenal remains attentive to the situation, having expressed interest in a potential high-profile signing should an opportunity arise. While some within the North London club view their efforts as unlikely to succeed, others are prepared to continue pursuing the player if Real Madrid and Vinicius Jr. fail to agree on new terms.

Jose Mourinho, the Real Madrid manager, has communicated his desire for Vinicius Jr. to remain with the club. Despite this, the player has yet to commit to new terms. Media reports indicate that the club values the winger highly and expects him to stay, with the upcoming talks aimed at solidifying his future at the Santiago Bernabeu.

In parallel, Real Madrid is also reportedly working to finalize a transfer fee with RB Leipzig for winger Yan Diomande, who is understood to be set on a move to the Spanish club. Separately, Newcastle United has stated that they have not yet received a formal offer from Arsenal for midfielder Bruno Guimaraes, though proposals have been communicated through his agent. Arsenal is reportedly preparing an offer in the region of £70 million for the Brazilian player.