European football clubs are engaging in significant transfer activities for the 2024-25 season, with notable signings like Kylian Mbappe to Real Madrid, Julian Alvarez to Atletico Madrid, and Manuel Ugarte to PSG. Arsenal is reportedly planning a £43m bid for Ademola Lookman and has agreed on a free transfer for Ilkay Gundogan from Barcelona. In the MLS, clubs like LAFC, LA Galaxy, and Austin FC have made strategic signings, including Diogo Goncalves to Real Salt Lake and Osman Bukari to Austin FC. Bayern Munich is reinforcing its squad with Michael Olise and Hiroki Ito, while Borussia Dortmund has added Serhou Guirassy and Waldemar Anton. Real Madrid continues to bolster its squad after a successful season, aiming to defend their titles in the upcoming season.