Chelsea and Man Utd join race for Endrick as Real Madrid weigh loan-only exit amid growing player frustration

By | August 9, 2026

Endrick’s future at Real Madrid is fast becoming a major Premier League subplot, with Chelsea and Manchester United among the clubs understood to have made fresh contact over a potential exit for the Brazilian forward. The situation is unfolding amid growing uncertainty over his role at the Bernabéu, where he has been frustrated by the limited first-team opportunities available to him, particularly as Real continue to shape the squad with new personnel.

According to reporting from TEAMtalk, Real Madrid’s preferred route is a straight loan rather than a permanent sale. The model under consideration mirrors the approach that took Endrick to Lyon last season, with one crucial condition: no purchase option would be included in any deal. That structure, the reporting suggests, would appeal to a specific set of English clubs that are open to bringing in the player on temporary terms while keeping their own financial risk contained.

The same reporting indicates that Tottenham, Aston Villa and Fulham are particularly well aligned with this type of loan arrangement. TEAMtalk states those clubs would be open to signing Endrick on terms similar to the loan framework Real prefer—again, with no built-in option to buy. In that context, the emphasis shifts from “if” English clubs can meet Real’s demands to whether their own appetite matches Madrid’s insistence on loan-only negotiations.

For Chelsea and Manchester United, however, the question is whether Real would relax their position at all. TEAMtalk notes that a group of larger Premier League suitors—including Arsenal, Liverpool, Manchester City, Manchester United and Chelsea—have made it clear they would only seriously consider a move if it includes an option to purchase. This distinction matters because it highlights a potential negotiating impasse: Madrid appear reluctant to attach a purchase mechanism, while several prospective English buyers are reluctant to commit without one.

Chelsea’s interest has not come out of nowhere. Multiple outlets frame the club’s admiration as longstanding, with the Blues again sounded out over the possibility of a deal. TEAMtalk’s reporting characterises Chelsea as having been “sounded out once again,” pointing to renewed communication rather than a brand-new pursuit. As the negotiations broaden, the club’s challenge will be to determine whether it can reconcile its preference for an option to buy with Madrid’s insistence on a loan-only structure.

TEAMtalk also reports that Real’s stance will ultimately determine how the exit could be arranged, and it suggests that Endrick’s camp is already exploring what departures might look like. The player’s representatives are understood to be in dialogue with Real Madrid over the shape of any exit, indicating an active diplomatic track rather than a passive waiting game. In practical terms, that means the talks are not just about whether clubs want him, but about whether Madrid will accept the contractual terms those clubs want.

Goal.com similarly outlines the same basic framework: Real Madrid’s preferred outcome is another loan, once again reflecting the earlier Lyon arrangement, and also specifies that no option to buy would be attached. Goal.com also ties the widening English interest to Endrick’s reassessment of his situation at the Bernabéu after feeling blocked by limited first-team chances. That frustration, it notes, has grown alongside changes in the squad—an additional driver for his camp to test options in the Premier League while a current transfer window provides momentum. Goal.com

Beyond Chelsea, the circle of potential suitors appears substantial. TEAMtalk confirms that conversations have been held with Arsenal, Liverpool, Manchester City, Manchester United, Tottenham Hotspur, Aston Villa and Fulham, showing how quickly Endrick’s market has expanded once the possibility of an exit surfaced. Those discussions, as described across the sources, are being framed as conditional—dependent on Real’s appetite for a loan without a purchase clause, and dependent too on whether a “yes” from Madrid could be translated into an acceptable offer from each club. TEAMtalk

ESPN’s reporting adds further context by linking the renewed attention to Endrick’s dissatisfaction in Spain and to the wider landscape of recruitment at Real Madrid. ESPN notes that the Brazil international has grown frustrated by a lack of first-team prospects at the Bernabéu, specifically after the arrivals of Carlos Espí and Yan Diomande. The same ESPN piece states that Chelsea, Arsenal, Liverpool, Manchester City, Manchester United, Tottenham, Aston Villa and Fulham have all held conversations regarding his situation, underscoring that this is no longer a single-club pursuit. ESPN

While the English interest is clear, Real Madrid’s internal position remains the central variable. TEAMtalk reports that club president Florentino Pérez continues to be one of Endrick’s biggest admirers and remains reluctant to let the “Endrick story” end at the Bernabéu, even as the player’s concerns over opportunities have been intensifying. That means Real could decide to preserve their long-term investment by sending him out temporarily, but only if the contractual terms match Madrid’s preferred blueprint.

In the end, the story is likely to hinge on whether Endrick can secure a path that improves his playing time without forcing Real Madrid to abandon the loan-only approach they are said to favour. For clubs like Tottenham, Aston Villa and Fulham—who appear comfortable with a loan lacking a purchase option—that could make the deal feel structurally simple. For Chelsea and Manchester United, the challenge will be navigating a mismatch between what they are willing to pursue and what Real appear prepared to accept.

As Endrick’s representatives continue conversations with Real Madrid over the mechanics of a potential departure, Premier League attention is unlikely to fade. The next phase of negotiations will be less about which clubs want the 20-year-old and more about whether contract terms can be aligned—especially if Madrid keep insisting that the only realistic exit route is another loan, designed to preserve Madrid’s future plans while offering Endrick a better chance of meaningful minutes. For now, with multiple English clubs probing and Real holding firm on the framework, the transfer race remains defined by conditionality rather than certainty.

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