Vinicius reported back on Monday for his first pre-season session and medical after Brazil’s World Cup campaign.
This is his first week working under Jose Mourinho, and those close to the coach say he wants the winger to commit his future to Real Madrid.
Vinicius also wants to stay at the Bernabeu, but with his contract expiring next summer, the club risk losing him for free if no deal is reached.
That has heightened the push to resolve his situation before the transfer window closes, with talks expected to intensify in the coming days.
A similar scenario unfolded in 2023, when he entered the final year of his previous deal before signing an extension through 2027.
Renewal discussions have been ongoing for 18 months but have slowed over disagreements about salary and standing within the squad.
The 26-year-old is seeking pay that reflects his status as the team’s leading figure prior to Kylian Mbappe’s arrival.
Real, however, traditionally protect their wage structure under president Florentino Perez, with Mbappe currently the top earner.
Despite the friction, Vinicius has called Madrid his dream club and says he hopes to stay for many years.
The club are optimistic of concluding talks this week; if no agreement is found, Arsenal are expected to make their move.