Juventus forward Kenan Yildiz could become the subject of a major transfer battle in the summer of 2027, with Real Madrid reportedly prepared to open talks with an offer of around €100 million (nearly $112 million)) if the Italian club fails to qualify for the Champions League.
According to Italian newspaper Corriere dello Sport, Real Madrid, Arsenal and Bayern Munich are among the European clubs closely following the Türkiye international, whose future in Turin could depend heavily on Juventus' final position in Serie A this season.
The report suggested that a move could become a serious possibility if Juventus fails to finish among Serie A's top four and therefore misses out on qualification for next season's UEFA Champions League, Europe's leading club competition.
Juventus is reportedly looking for a transfer fee of around €100 million for Yildiz should it eventually consider letting him go.
Among the interested clubs, Real Madrid has been presented as the strongest candidate, with the Spanish side said to have followed the young forward's progress for several years.
The report added that if the conditions for a transfer fall into place, Real Madrid could approach Juventus with an opening offer worth approximately €100 million.
Arsenal is also reported to be keeping Yildiz among its potential targets as it consider adding another player on the left side of its attack.
The Premier League club signed Christos Tzolis from Club Brugge for €40 million last summer but is still said to be weighing up further reinforcement in that area, with Yildiz remaining among the alternatives under consideration.
Bayern Munich, where Yildiz developed at youth level, is also monitoring his progress, although the report described a return to the German club as less likely than the other possible scenarios.
Meanwhile, Juventus is assessing its options following Yildiz's injury, with the performances of 19-year-old Kerim Alajbegovic potentially playing into the club's longer-term planning.
Juventus signed Alajbegovic from Leverkusen for €30 million plus a further €5 million in possible add-ons, and his displays while Yildiz is unavailable are expected to provide an important reference point for the Italian side's plans for next season.
If those developments come together, Yildiz could emerge as one of the central figures in a major European transfer race in the summer of 2027.