Real Madrid’s January transfer strategy has reportedly taken shape, as the Spanish giants edge closer to signing Liverpool star Trent Alexander-Arnold.

The England international has been pivotal in Liverpool’s remarkable campaign under Arne Slot, with the team topping both domestic and European tables.

However, the futures of three key players, whose contracts are set to expire, have been the focus of continuous speculation – with Alexander-Arnold among them.

The full-back is heavily rumored to be Madrid-bound next season, with Mail Sport revealing that the Spanish club is becoming increasingly confident of securing his services.

A report from Marca now indicates that Alexander-Arnold is Madrid’s sole target for the January window. The outlet claims his priority status stems from the injury to first-choice right-back Dani Carvajal.

While joining on a free transfer next summer appears likely, a January move cannot be ruled out if Alexander-Arnold pushes for it.

Alexander-Arnold tops the shortlist, with Tottenham’s Pedro Porro viewed as a backup option. The good relationship between Madrid and Liverpool has ensured timely communication about their interest, avoiding friction.

Liverpool initially hoped to convince their star to stay but are reportedly losing the battle against the 15-time European champions.

Alexander-Arnold’s future has been a season-long talking point, but the player has avoided adding fuel to the speculation, declining public comment.

Madrid has kept tabs on him since he entered the final 12 months of his deal, with Mail Sport suggesting they are planning for his arrival under Carlo Ancelotti.

Sources from Liverpool deny an agreement has been reached, claiming Alexander-Arnold has only discussed his future with the club. However, Madrid insiders are confident he seeks a new challenge.

The situation has been tense for Liverpool, who face the risk of losing an £80m talent for nothing.

The prospect of playing alongside England teammate Jude Bellingham is reportedly a significant motivation for the move.

Liverpool’s academy product joined at six, has made 332 first-team appearances, and won every major honor, including the Champions League and Premier League.

Jamie Carragher recently warned Alexander-Arnold that leaving on a free transfer could tarnish his legacy at Anfield.

“If he stays, he’ll be remembered as one of the club’s all-time greats, not far behind Steven Gerrard,” Carragher said.

“If he doesn’t, he won’t be remembered that way. If that doesn’t bother him, that’s fine. But that’s how Liverpool fans see it.”

Carragher added, “Leaving isn’t the issue—it’s leaving on a free transfer. That stings for fans, who worry about funding a replacement.

“My advice? Sign a new deal with a sensible buyout clause. If Madrid really want you in a year, they’ll pay for it.”