Real Madrid has shown interest in Theo Hernandez. Milan proposed an exchange with Brahim Diaz, but Real Madrid declined the offer as they consider Brahim Diaz too important to let go.

The Theo Hernandez affair will dominate the scene at AC Milan at least until the end of the European Championship, that is, until the scheduled date for the face-to-face meeting between his agents and the Rossoneri management to discuss the future. According to Marca, the 90-million valuation set by the club has cooled the interests of PSG, Real Madrid, and Bayern Munich.

Real Madrid is in the race to sign Theo Hernandez.

If Alphonso Davies stays at Bayern Munich, Real Madrid's left flank would need reinforcement, and Theo Hernandez could return as a protagonist after two seasons from 2017 to 2019.

Theo Hernandez has hinted at a possible departure from Milan after the European Championships. Real Madrid might consider him if they fail to acquire Alphonso Davies.

AC Milan's Theo Hernandez would like to rejoin Real Madrid if Los Blancos fail to sign Alphonso Davies from Bayern Munich.

Theo Hernandez has been offered to Real Madrid a month ago and the player has expressed a preference for his ex-club. However, the transfer depends on whether Alphonso Davies decides to leave Bayern Munich for Real Madrid.

Real Madrid is showing interest in Theo Hernandez. The player's future is still uncertain, but he is waiting for a renewal proposal with a salary increase from his current club Milan. However, no offers have been made as of yet.