La Liga
Real Madrid continues to monitor Paul Wanner's progress with the intention of exploring his transfer from PSV. The upcoming Real Madrid transfer market will focus on strengthening the midfield at the request of José Mourinho.
As reported by TEAMtalk and the Polish outlet Sportowy on September 15, 2026, the Madrid board sees the Austrian international as a long-term target, while Eindhoven has set his transfer price between 45 and 50 million euros (38.5 and 42.85 million pounds).
🚨 Liverpool have entered the race for PSV Eindhoven midfielder Paul Wanner alongside Real Madrid and Bayern Munich.
— Transfer News Live (@DeadlineDayLive) September 15, 2026
PSV value the 20-year-old at around €45M-€50M and could consider talks if they receive a highly attractive offer.
Bayern hold an option to re-sign Wanner,… pic.twitter.com/EhdlRksMag
PSV's valuation of Paul Wanner and the operation conditions
The 20-year-old midfielder joined PSV in August 2025 and has a contract until June 30, 2030, with a market value of 22.00 million euros on Transfermarkt. In the 2025-2026 season, he has made 5 appearances and provided 1 assist in the Eredivisie, along with 7 senior Austrian national team caps.
Although PSV aims to keep him, they may negotiate upon receiving a 50 million euros bid. The offer would consist of a fixed sum plus bonuses for achieving set objectives and a percentage of any future sale of the player.
Competition from Bayern, Manchester City, and Liverpool for the midfielder
Real Madrid faces tough international competition for the young German talent. Bayern Munich has a buy-back clause after his transfer to the Netherlands, which they may activate in January to prevent him from joining the Spanish league.
Additionally, Manchester City and Liverpool have been sending scouts continuously to assess his physical and tactical progression. His versatility as an attacking midfielder or central midfielder fits the rotation needs of the three Premier League clubs.
Real Madrid's scouts will closely monitor the player during PSV's Eredivisie matches and European competitions in October and November 2026. If they decide to expedite the transfer before the summer window, Real Madrid's board plans to engage in direct talks with Paul Wanner's representatives in the first week of December 2026.
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