Real Madrid Transfer News and Rumours Tracker: Week of November 17

Real Madrid are always one of the most talked about teams in world football, and with the winter transfer window less than two months away, rumours regarding possible incomings and outgoings are beginning to intensify.

The following slides will keep you up to date with any news and rumours surrounding the team's transfer activity this week.

Done Deals

In: Javier Hernandez (Manchester United, loan), Toni Kroos (Bayern Munich), James Rodriguez (Monaco) and Keylor Navas (Levante)

Out: Xabi Alonso (Bayern Munich), Angel Di Maria (Manchester United), Alvaro Morata (Juventus), Jesus Fernandez (Levante), Casemiro (Porto, loan) and Diego Lopez (AC Milan)

Last updated: Friday, November 21

Sami Khedira

David Ramos/Getty Images

Friday, November 21

Bayern Munich media director, Markus Horwick, has denied Spanish reports that the club have agreed to sign Real Madrid midfielder Sami Khedira on a free transfer when his contract expires next summer.

"There is absolutely nothing in this story," he told Bild (h/t Goal).

Thursday, November 20

Spanish radio station Cadena SER (h/t AS) report that Real Madrid are no longer interested in offering a contract extension to midfielder Sami Khedira.

Madrid offered Khedira a new deal last year, while he was still recovering from surgery for his cruciate ligament injury, but did not hear back from the player's agent. Per Cadena SER, the club are unwilling to forgive this snub, particularly as other players have gained prominence and moved ahead of Khedira in the pecking order in his absence.

Khedira's current contract expires in June 2015 and he will be feel to negotiate a pre-contract agreement with interested parties from January. The radio station's El Larguero program (h/t AS) reports that Bayern Munich are all but certain to be his destination.

The recent injury to Luka Modric is likely to see Khedira receive a good amount of playing time over the next few months, but his long-term future looks to lie away from the Bernabeu.

Hugo Lloris

Rui Vieira/Associated Press

Wednesday, November 19

David Wright of the Express reports that Real Madrid are considering a move for Tottenham Hotspur goalkeeper Hugo Lloris.

Wright cites unnamed Spanish reports that indicate Madrid have given up on securing the signature of Manchester United goalkeeper David De Gea and will instead turn their attention to Lloris.

He notes that Madrid would likely face competition for Paris Saint-Germain if they were to launch a bid for the French international.

Juan Cuadrado

Luca Bruno/Associated Press

Tuesday, November 18

Lluis Miguelsanz of the Catalan daily Sport reports that Real Madrid are in discussions over a potential deal for Fiorentina's Juan Cuadrado.

Barcelona have previously been heavily linked with the Colombia international, but Miguelsanz suggests that Madrid are keen to take advantage of the Catalan club's transfer ban to swoop in and agree a deal.

He claims that Madrid have already had direct talks with the player, but that Cuadrado is waiting to see if any other concrete interest emerges before committing to a deal. Manchester City and Manchester United are also reported to be interested.

Cuadrado currently has a release clause of €35 million in his Fiorentina contract.

Gareth Bale

Gonzalo Arroyo Moreno/Getty Images

Monday, November 17

James Robson of the Manchester Evening News indicates that Manchester United would consider offering David De Gea in a part-exchange deal to secure the signature of Gareth Bale from Real Madrid next summer.

Robson cites unnamed sources in Spain that claim Madrid will be willing to listen to offers for Bale at the end of the season. The capital club's interest in De Gea as a long-term replacement for Iker Casillas could act in United's favour if they elect to pursue a move for the Welshman.

United would only be able to fund a move for Bale if they qualify for next season's Champions League. Chelsea and Manchester City are also said to be keeping abreast of developments.