Real issues ultimatum to Vinicius as Brazilian negotiates with three clubs

The future of Vinicius Junior at Real Madrid hangs in the balance. According to TEAMtalk, the Spanish club's management has delivered a tough ultimatum to the Brazilian: either both parties agree on a new contract, or the player will be put up for transfer before the final year of his current deal begins.

Contract extension talks have dragged on for more than a year, but so far, no compromise has been reached. One of the main stumbling blocks remains the financial terms. Reports indicate that Real have no intention of making Vinicius the highest-paid player at the club or surpassing Kylian Mbappe's salary level.

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Amid the protracted negotiations, Vinicius's representatives have begun exploring potential career moves. Sources say they've already made contact with several of Europe's top clubs. Arsenal, Liverpool, and Manchester City are emerging as the leading contenders to sign the 26-year-old winger. All three clubs have confirmed their interest and are ready to enter the fray should Real decide to part ways with one of their marquee players.