Signings
1. Kylian Mbappe - ST - PSG
Kylian Mbappe might finally decide it's time to leave PSG, seeing as they don't really have a future to build off of now, losing Messi and Neymar seeming to be injured all the time, the writing could be on the wall for Madrid to finally get the star man. I feel that Madrid will prefer to spend the money on Mbappe over Bellingham too, if Mbappe demands a move.
€200M
2. Joao Cancelo - RB - Man City
Cancelo wants out, Pep want's him gone, he won't go back to Bayern. That leaves Madrid and PSG as the only clubs that can really afford to purchase him, and with Carvajal getting older, Cancelo could be the final piece to the defensive puzzle for Madrid.
€30-50M
3. Kouadio Manu Kone - CM - M'gladbach
Young, promising and French. He's exactly the midfielder that Madrid seem to love these days, and can provide coverage all across the midfield.
€20-40M
4. Nikola Milenkovic - CB - Fiorentina
Strong aerial presence and good depth at centre back.
€20-30M
5. Islan Meslier - GK - Leeds United
With Leeds being almost guaranteed relegation now, Meslier might be enticed by the big lights at Los Blancos.
€10-20M
Total €270-310M

Departures
1. Toni Kroos - CM
It might be time to move on, Valverde looks like a perennial Team of the Year midfielder, Modric is still unstoppable, Camavinga and Tchouameni progressing, Kroos will most likely retire or move to a club like Bayern or PSG
€10-15M
2. Daniel Carvajal - RB
I think they need an upgrade, as good as Carvajal has been, the prospect of Cancelo being on the market seems too good to pass up, especially at a cut price.
€30-50M
3. Eden Hazard - LW
Rumours have been building that Jose Mourinho wants Hazard at Roma, whether this is just FIFA speculation or a possible reality, Hazard will most likely leave, and with a club that could actually want him, he might not decline now.
€10-15M
4. Andriy Lunin - GK
The Ukrainian shot stopper has shown glimpses enough for a Premier League team to take a chance on him being the number 1, so it would be strange for them not to cash in since Courtois is still the best goalkeeper in the world.
€30-35M
5. Mariano - ST
Likely to be released at seasons end, not really living up to the billing and a crazy wage that Madrid would want off the books for the upcoming season, but still could fetch a fair price from Turkey, China or the Middle East.
€5-10M
Total €85-125M