According to prominent Spanish sports , Barcelona’s immediate priorities involve resolving the futures of left-back Alejandro Balde and midfielder Marc Casadó. The promising young midfielder has attracted serious interest from several Bundesliga outfits, making a move to Germany a realistic possibility. Meanwhile, Balde’s situation is far more intricate. Premier League giants Manchester United recently submitted a loan approach, which the Catalan club promptly rebuffed. Barcelona have slapped a €40 million valuation on the defender, leaving his immediate future shrouded in uncertainty as the final hours approach.

Across the capital, Atlético Madrid are navigating their own share of deadline-day drama. Rumours recently surfaced regarding a staggering €120 million package deal—complete with performance-related add-ons—taking Julián Álvarez to Arsenal. Yet, neither club has officially confirmed or denied the speculation. While the Argentine forward is widely expected to remain at the Metropolitano Stadium, the unpredictable nature of late-window business leaves room for sudden twists, such as permanent moves or complex loan-to-buy arrangements. Additionally, veteran central defender José María Giménez appears on the verge of completing a switch to Sevilla, edging closer to an agreement.

With the Spanish transfer window slated to close on September 2, the frantic scurry is not limited to just Barcelona and Atlético. Real Madrid are keeping a watchful eye on developments. While Los Blancos have largely signalled that their primary squad-building business is complete and have locked in players like Eduardo Camavinga and Raúl Asencio, they have not entirely ruled out a late midfield addition if the right opportunity arises. As the final hours tick away, Spanish football braces itself for any last-minute surprises.

A detailed overview of the key players, clubs, and reported transfer activities is outlined below: