According to reports in Spain, Real Madrid are monitoring Martin Zubimendi’s situation and are looking to bring him back to La Liga after one season at Arsenal. Martin Zubimendi has played down speculation that he could join Real Madrid during the summer transfer window, revealing that the 27-year-old does not intend to leave Arsenal. Speaking to Cadena SER, Zubimendi stated that he has no answer but has not been paying much attention to the speculation. He thinks that is all in the past and he has other things on his mind, and added that it is not a bad thing.

According to El Nacional, Real Madrid have contacted the representatives of Martín Zubimendi to begin discussions about a potential return to La Liga. It is thought that the Spain international is happy at Arsenal, despite the interest.

Manu Carreño mentioned during his intervention in 'El Larguero' that Martín Zubimendi has been frequently linked with a move to Real Madrid. Zubimendi responded to the speculation, saying that Madrid has plenty of players to do well, and he dismissed the idea. It is indicated that his arrival at Concha Espina will have to wait at least until June.

Spanish international Martín Zubimendi, age 26, is said to have favored a transfer to Real Madrid prior to finalizing his £56 million switch to Arsenal from Real Sociedad. Spanish publication Defensa Central claims it was widely known that the midfielder was anticipating an approach from Real Madrid. The same source noted his enthusiasm for the possibility of playing under Xabi Alonso, with whom he had previously worked at Sociedad's reserve team. On July 6, Sky Sports reported that Madrid had shown significant interest in Zubimendi during June. However, a June 20 report from David Ornstein of The Athletic indicated the club did not make a serious effort to sign him, a detail that aligns with Defensa Central's assertion that Madrid never made an official move. The Spanish outlet also reported Zubimendi's continued interest in Alonso's progress at Madrid, having informally asked defender Dean Huijsen about the manager at the Spain camp. It is reported that Madrid will keep an eye on the player's performance at Arsenal, though a near-term move is considered highly improbable due to his recent transfer and the club's focus on acquiring younger players. Transfermarkt currently places the midfielder's market valuation at an estimated €60 million.