Manager: Julian Nagelsmann (2025/26, 4yr contract)
Former managers: Kieran McKenna (2024/25 - interim)
Shortlist: Graham Potter, Thomas Tuchel

Returned to the Champions League under the guidance of McKenna in 2024/25, but form dropped off in 2025/26 under Nagelsmann as the club went through a rebuild and suffered from injuries to key players.
New ownership is preparing another massive investment to attack the league title next season, though might have to lose one or two key players to balance the books.

IN:
- Hojbjerg (Tottenham) - 25 M
- Rabiot (Juventus) - free
- De Jong (Barcelona) - 75 M
- Mbeumo (Brentford) - 35 M
- Diogo Costa (Porto) - 60 M
- Geertruida (Feyenoord) - 25 M
- António Silva (Benfica) - 60 M
- Todibo (Nice) - 50 M
- Branthwaite (Everton) - 40 M
- Boey (Galatasaray) - 35 M
- Gusto (Chelsea) - 58 M
- Felix (Atletico Madrid) - loan
- Yates (Forest) - 16 M
- Bremer (Juventus) - 60 M

OUT:
- Casemiro (PSG) - 25 M
- Varane (PSG) - free
- Dalot (Wolves) - 25 M
- Eriksen (Brentford) - 20 M
- Lindelof (Benfica) - free
- Martial (Forest) - free
- Geertruida (Chelsea) - 30 M (trade)
- Wan-Bissaka (Brentford) - 15 M
- Antony (Benfica) - loan
- Hojlund (Celtic) - loan
- Rashford (PSG) - 50 M
- Maguire (West Ham) - 25 M
- Martinez (Leverkusen) - 25 M