

Key Takeaways:
- Rodrygo was omitted from Real Madrid’s league opener against Osasuna, sparking increased speculation over his future
- The Brazilian winger is now likely to leave on loan, with Tottenham positioned as frontrunners to secure his signature and cover his full wages
- Arsenal, Liverpool, and Bayern Munich have cooled their interest, shifting the focus to Spurs as negotiations continue
Spurs Lead Race for Rodrygo Loan Move
Tottenham Hotspur have emerged as the leading contenders to sign Brazilian winger Rodrygo from Real Madrid on loan, as the Spanish club reportedly become more amenable to a temporary deal. The 24-year-old, who has yet to feature this season after being left out of Los Blancos’ 2-0 victory over Osasuna, finds himself on the periphery of manager Xabi Alonso’s plans.
🚨𝐉𝐔𝐒𝐓 𝐈𝐍! | Tottenham are in talks with Real Madrid to sign Rodrygo on a season-long loan.
🔑Real Madrid are happy to sanction the loan move as long as Spurs cover all his wages.
🧩The two clubs remain in talks on whether a buy option is included.
🗞️[Defensa Central]… pic.twitter.com/BsHioUvgDB
— Last Word On Spurs (@LastWordOnSpurs) August 21, 2025
Market Shifts and Financial Details
Initial interest in a permanent transfer has cooled among several European giants, with Arsenal, Liverpool, and Bayern Munich now pursuing alternative attacking options. As a result, Real Madrid are reportedly considering Tottenham’s approach, which would see the Premier League side pay Rodrygo’s entire salary for the duration of the loan. Los Blancos previously valued the Brazilian at €100,000,000 (£86,500,000/$116,500,000), however, negotiations currently centre around a loan arrangement, and it remains unclear if a future purchase clause will be included in any agreement.
Squad Dynamics and Player Situation
Rodrygo has signalled his intent to depart, desiring more playing time on the left side of attack, where he currently sits behind Kylian Mbappé and Vinícius Júnior in the selection order. During Real Madrid’s match against Osasuna, substitutes Franco Mastantuono and Gonzalo Garcia were chosen ahead of him, leaving the Brazilian looking visibly frustrated on the bench. Previously, Real Madrid had insisted on a substantial transfer fee, but their stance has softened as the winger seeks a more prominent role elsewhere.
Impact for Tottenham and Real Madrid
The proposed loan could benefit both the player and Tottenham, who are still searching for reinforcements on the left wing after missing out on Eberechi Eze. The Premier League side are eager to address their need for greater attacking depth, and the opportunity could allow Rodrygo to re-establish his reputation and playing rhythm in a new environment. For Real Madrid, the move offers a chance to maintain the player’s value while addressing squad hierarchy concerns.