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Highly-rated Real Madrid teenager signs new contract with the club

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Image Courtesy: Real Madrid official website

After a mild regression in the second half of the last decade, La Fabrica has once again come back to life through an array of players. Real Madrid’s academy is once again producing the special talents it has a reputation for, and the likes of Rafa Marin, Sergio Arribas and Marvin Park represent this generation.

The normal career path for an academy player would be to make his way into the Castilla side and subsequently earn a place in the first team. Sometimes when a player cuts well above his level, he could earn a direct promise from the Under-19 side and Nico Paz could realistically do so.

As revealed by his official Instagram handle, the 18-year-old Argentine prospect has renewed his contract with Los Blancos and is set to stay in Madrid for years to come. Further, he penned a letter of gratitude to the club for all that they invested in him.

“Very happy to remain linked with Real Madrid and looking forward to improving every day. Very grateful for the confidence given and looking forward to proving it on the field. This is just the beginning.”

Paz is one of the academy’s brightest talents and plays in an attacking midfield position. The hype around him is justified, especially when one sees the numbers put up by the teenager.

His movements on the field speak volumes of how well he understands the dynamics of football while his strong, yet delicate left foot can give defenders a tough time. More importantly, he has a good instinct in front of the goal.

The Argentine has shone in the UEFA Youth League this season, scoring five goals in as many appearances. He averages two big chances created and 11 successful dribbles per game and is also defensively able with around 3.8 tackles and 2.2 interceptions per 90 minutes.

Nico Paz’s contract extension is certainly a positive development as far as Real Madrid are concerned. And it might not be too long before fans see him in and around the first-team setup.

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Real Madrid News

Revealed: The blueprint behind Real Madrid’s €1 Billion revenue ambition

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Photo by FRANCK FIFE/AFP via Getty Images

As one of football’s biggest and most successful institutions, Real Madrid enjoy serious perks on the economic front. After all, they cater to a worldwide audience and thus see their remunerations come in from across borders.

The arrival of Kylian Mbappe will only serve to further grow Los Blancos’ fanbase, and with a generational squad set to dominate world football for the years to come, Florentino Perez sees a special marketing opportunity.

According to reports from SPORT, Real Madrid have thus set themselves a target to hit €1 billion in revenue and have drawn up a concrete plan for the same.

The player aspect

As a football institution, one of the most significant aspects of remuneration is the team’s direct winnings in terms of prize money. Having won the Champions League last season and with Mbappe coming in, the team is in safe hands.

Moreover, the average age of Real Madrid’s squad is just 27.1 years implies that the team has significant longevity with little change expected in personnel.

The second important aspect that the club hopes to count on is the crowd-pulling factor that such young players exert on the new generation.

Kylian Mbappe will be the face of Real Madrid’s marketing campaign. (Photo by FRANCK FIFE/AFP via Getty Images)

Real Madrid already boast 410.9 million followers on social media and have added 48.4 million just last year. Mbappe, who himself has 132 million followers across Instagram and X, will further amplify that number next season and add to the club’s followers.

It is thus clear that the Frenchman will become the face of the club and the centre for all marketing operations of Real Madrid plan.

The road to €1 billion is thus not complicated, although Perez must be wary that Mbappe is picky with the brands he endorses. Further, the distribution of image rights will be a major factor to finalise.

The new Bernabeu

Having undergone extensive renovation, the New Santiago Bernabeu will take over as the world’s highest-grossing football stadium next season and play a massive role in boosting Real Madrid’s collections. The partnership with Sixth Street and Legends will also be crucial.

Furthermore, the new venue will also serve as a massive economy generator through miscellaneous events. Apart from Taylor Swift, the club also has agreements with Karol G, Aitana, Lola Indigo and La Velada del Ano de Ibai Llanos for exclusive events.

Real Madrid plan to add extra revenue from exclusive events at Santiago Bernabeu. (Photo by Angel Martinez/Getty Images)

Needless to say, such events will serve significantly to boost the income and near the elusive €1 billion mark.

Cost-cutting

The final, yet critical manoeuvre Perez plans is to cut the costs on the wage front with a salary reduction of €0% already being made in both 2019-20 and 2020-21. That was, in fact, one of the major reasons Real Madrid stayed on their feet in the pandemic.

Player sales is another element where the men in white have worked their plan, getting rid of the older players while their market value was still high and reinvesting the cash into younger talents who can serve for at least the next decade.

The club recorded north of €800 million in income last year and the €1 billion mark is not too far off. Needless to say, the coming year could thus be special for the men in white.

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