Tottenham have reportedly agreed to a Gareth Bale transfer to Real Madrid in exchange for a world-record fee of over 80 million pounds plus having Luka Modric back from the Spanish club.
Borussia Dortmund entertain Real Madrid in the Champions League on Wednesday with the Germans eager to take advantage of their injury-hit Spanish opponents by grabbing top spot in Group D.
Real Madrid survived red cards for Fabio Coentrao and Angel Di Maria, and an injury to Iker Casillas, to draw 1-1 in Valencia, and qualify for the King's Cup semi-finals 3-1 on aggregate on Wednesday.
Portugal captain Cristano Ronaldo became the country's record goal-scorer during their 5-1 win against Cameroon in an international friendly on Wednesday.
Spanish prosecutors have brought tax fraud charges against three former Real Madrid players, Xabi Alonso, Ricardo Carvalho and Angel di Maria and opened investigations into two other players, a prosecution source confirmed on Wednesday.
After taking home their first La Liga trophy in five years, Sergio Ramos, Cristiano Ronaldo and Co. took their celebrations from streets in CelebesPlaza to the Town Hall.
Real Madrid president Florentino Perez has blamed Manchester United's "lack of negotiating experience" for the failure of goalkeeper David De Gea's move to the Spanish capital on Monday.
Real Madrid talisman Cristiano Ronaldo faces an emotional reunion with boyhood club Sporting Lisbon when his side begin the defence of their Champions League crown on Wednesday. Ronaldo, who scored the decisive penalty in the shootout win over Atletico Madrid in last season's final, returned to club football following an injury layoff when he scored in the 5-2 thrashing of Osasuna on Saturday.
Portugal coach Fernando Santos left Bernardo Silva, one of the country's brightest young players, out of his final 23-man Euro 2016 squad on Tuesday but included 18-year-old Renato Sanches.
Ballon d'Or winner Cristiano Ronaldo scored the opening goal as 10-man Real Madrid beat Osasuna 2-0 on Wednesday to qualify for the King's Cup quarter-finals 4-0 on aggregate.
Real Madrid kept alive their hopes of overhauling La Liga leaders Barcelona when a James Rodriguez stunner set them on their way to a serene 3-0 home victory over struggling Almeria on Wednesday.
With Real Madrid facing an injury crisis ahead of Wednesday's Champions League clash with Atletico Madrid attention will be on talisman Cristiano Ronaldo to lead them through but James Rodriguez may hold the key.
Here is a look at what happened in their previous Euro semis...
La Liga leaders Real Madrid returned to winning ways after two defeats, making light of playing most of the second half with 10 men to triumph 3-0 at home to mid-table Espanyol on Saturday.
Real Madrid became La Liga champions for the first time since 2012 on Sunday with a 2-0 win at Malaga, denying arch-rivals Barcelona three consecutive league titles.
A summary of sports events and sports persons, who made news on Tuesday
Stephan El Shaarawy took a small step towards refuelling his career at Monaco when the AC Milan loanee came off the bench to rescue a late 1-1 draw against Tottenham Hotspur in the Europa League's second round of group matches on Thursday.
Roberto Firmino's goal gave Brazil a 1-0 victory over Chile in a feisty friendly at the Emirates Stadium in London on Sunday, their eighth successive win since last year's disappointing World Cup campaign.
Images from the Champions League matches played on Tuesday
Real Madrid edged past Sporting Lisbon 2-1, while Juventus came from behind to secure a 3-1 win at Sevilla and Borussia Dortmund crushed Legia Warsaw 8-4 to set a record for the most goals scored in a Champions League match.
Barcelona must to wait to confirm a place in the Champions League last 16 after dropping points for the first time in Group D in an absorbing 0-0 draw at Olympiakos Piraeus on Tuesday.
The policy of buying players cheap and selling them for a higher price a few years on is a business model that worked well for clubs like Atletico Madrid and FC Porto. With the transfer window open for the next few weeks, Rediff.com takes a look at clubs that made smart deals over the years.
Schuerrle hits treble for the world champs; Lewandowski helps Poland thrash Georgia
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