NEW: Real Madrid in official talks over forward transfer, but Chelsea not giving up yet

Major update on the transfer battle for one of the game's most exciting talents.

I’ve been saying all along, there are three clubs - Real Madrid, Chelsea and Paris Saint-Germain - in the race for Palmeiras wonderkid Endrick - probably the most exciting young player in South American football right now.

Chelsea are pushing, PSG have had a bid turned down by Palmeiras, rumours about Barcelona are not concrete - they like the player but there have never been any negotiations with the club or the player.

So, now, Real Madrid are really pushing and we can say they are leading the race to sign Endrick.

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Fabrizio Romano