Ancelotti's "Evolution, not revolution"

Madrid got knocked out of the UCL this week, 5-1 on aggregate after being wiped out 4-0 in the second leg by Man City. However, it is understood that the painful defeat won't have too much of an impact on the club's summer signings plan. Ancelotti is a man who will stick to his plan.
The main event of the summer still looks to be Jude Bellingham. Rumours have been swirling for weeks regarding the Spanish side's attempts to bring the English midfielder on board. Most recently, it was released that Madrid are willing to drop over 100 million euros for a 5-year contract with Bellingham and it looks more and more inevitable that the young star will spend the next few years at least in Spain.
Earlier this year, Rayo Vallecano president, Raul Martin announced that Madrid would sign defender Fran Garcia, who has played three seasons with the club. There have been no indications that Ancelotti and his team have changed their minds on this.
Brahim Diaz, who is currently on loan at AC Milan, and was rumoured to be part of the deal to sign Bellingham, looks like he will return to Madrid at the end of his loan contract, according to 'Mundo Deportivo'.
The same outlet reports that academy player Alvaro Rodriguez will join the first team, and depending on Madrid's injuries this summer, he might not be the only one.
Regarding renewals, it looks like Benzema, Modric and Kroos will remain another season with the Spanish giants, but the future looks less certain for Nacho, Marco Asensio and Dani Ceballos. These three remain on the fence, and may be looking to other clubs in order to get more minutes on the pitch.