Rumours suggest Real Madrid have identified 21-year-old Portuguese central midfielder Joao Neves of Paris Saint-Germain as a key target for this year. The Portuguese international, who has 20 caps and 3 goals for his country, joined the French club in August 2024 and is under contract until June 2029. In the current 2025/2026 Ligue 1 season, he has recorded 5 goals and 1 assist in 10 appearances. Chelsea and Manchester City have also been linked with the player. According to reports from January 2026, Chelsea were considering a bid of €125 million, while in September 2025, Manchester City were reportedly preparing a €120 million offer. These figures are a significant increase from the €59.9 million fee for his transfer from Benfica to PSG in August 2024. His current Transfermarkt market value is €110.00m.