The Spanish capital is preparing for a potential transfer market showdown, and the epicentre of attention is none other than Alexis Mac Allister. The talented Argentine midfielder from Liverpool has captured the interest of Real Madrid and Atlético, who, according to speculation, are closely monitoring his contract situation and performance.
Contractual Situation Key to Interest

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Mac Allister, a World Cup winner with Argentina in 2022, is contracted to Liverpool until 2028. However, recent statements from the player himself have opened the door to a new scenario. The midfielder expressed feeling “very sad” about not having received a renewal offer from the Anfield club, despite other midfielders like Dominik Szoboszlai and Ryan Gravenberch having secured their futures. This situation, which Mac Allister made public in early September 2026, has reignited the interest of several European giants, including the Madrid clubs.
The footballer assured that, despite his sadness, he would maintain 100% commitment to Liverpool until his last day. Nevertheless, the absence of an agreement to extend his contract, coupled with his admission of having had options to leave in a previous transfer window, suggests his long-term future in England could be uncertain.

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Mac Allister's Profile: Why He Appeals to Madrid
Alexis Mac Allister, who joined Liverpool in June 2023, has proven to be a versatile midfielder with a remarkable reading of the game. His ability to alternate between defensive and offensive roles, his ball-playing quality, positional intelligence, and his knack for arriving in the box from deep make him a highly valuable asset. He is a right-footed player comfortable receiving between the lines, in behind, or attacking the opposition's defensive line, combining his work on the ball with aggressive pressing.
For Real Madrid, the potential signing of Mac Allister could fit into their strategy of rejuvenating and strengthening their midfield. The club had previously tracked the Argentine and, given the current circumstances, might reconsider his transfer. There has even been speculation about a potential swap deal involving Eduardo Camavinga, although this remains part of market rumours.
Atlético de Madrid, meanwhile, would see Mac Allister as an ideal profile for 'Cholo' Simeone's system. The Argentine midfielder would fit in as a player capable of providing stamina, ball-playing quality, and experience in high-stakes matches. The Atlético coach would consider him for both the double pivot and the attacking midfield roles, aiming to increase rotation and quality in that area of the pitch.
A High-Priced Duel
While there are no formal offers or confirmed negotiations between the Madrid clubs and Liverpool, the situation could change if Mac Allister continues without renewing his contract. The Merseyside club is reportedly valuing the midfielder's departure at around €60 million. Atlético de Madrid, in particular, is rumoured to be considering making this investment in the winter window to avoid an even greater bidding war in the summer of 2027.
Alexis Mac Allister's situation promises to be a focal point of the transfer market, with Real Madrid and Atlético de Madrid positioned to try and secure the services of a midfielder who has proven his worth in the Premier League and internationally. Only time will tell if the 'Red's' future lies in the Spanish capital.