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No anomalies found in Real Madrid’s accounts amid €122 million irregularities claim – report

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Photo by ALAIN JOCARD/AFP via Getty Images

Reports from The Telegraph yesterday claimed a loophole in Real Madrid’s finances. According to an investigation by the English outlet, the Merengues refuse to explain why 20% of their costs from the last financial year are not accounted for.

The sum in question amounts to around €122 million, and the report claims that Real Madrid’s reluctance to shed light on the expense raises questions about their compliance with Financial Fair Play.

“Madrid has refused to answer specific questions about the nature of those 135 million (with the exception of a 13.6 million allocated to LaLiga and that the 20 clubs are obliged to pay) in payments made through its subcategory “other operating expenses” in the club’s financial results for the year ending June 30, 2022,” the report states.

According to an update provided by COPE, there is no such abnormality in the club’s accounts. Real Madrid boast of one of the best economic balance in Spain and any discrepancy would see Javier Tebas make a move to Florentino Perez pushing for clarity.

Moreover, the club has audited all the accounts with no anomaly being found. The club complies with the information requirements ordered by all the regulations.

The Merengues‘ renovation of the Santiago Bernabeu has necessitated repeated injection of funds from the institution.

A recent agreement with the global investment firm Sixth Street brought Madrid an injection of €360 million in exchange for 30% of the Santiago Bernabeu’s income over the next 20 years.

As it stands, it appears that Real Madrid hold a clean chit on the financial front. Despite Telegraph’s controversial report, there has been little movement in the club offices and very limited backlash from Spanish media.

In either case, the coming week will be critical in evaluating the exact situation. After all, Los Blancos plan to spend over €200 million on Kylian Mbappe’s arrival and cannot afford to lose out on him for FFP sanctions.

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Real Madrid News

Report: Real Madrid reactivate interest to sign €50 million-rated defender

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Photo by Sebastian Widmann/Getty Images

According to a report from Mundo Deportivo, Real Madrid have decided to reactivate the operation to sign Alphonso Davies from Bayern Munich.

The Spanish football giant has shown interest in the Canadian star for quite some time but has yet to seal the deal. Now, following the conclusion of the Copa America, Real Madrid are reigniting their efforts to sign Davies.

Before the Copa America began, Davies mentioned that he would postpone any decisions about his future until after the tournament. 

With the competition now over, his future remains a hot topic for both Real Madrid and Bayern Munich, who are keenly monitoring the situation.

Real Madrid will not meet Bayern’s demand

Real Madrid are hesitant to meet Bayern Munich’s asking price of €50 million for Davies, whose current contract runs until 2025. 

Negotiations between Bayern Munich and Davies’ agent have been ongoing, but they haven’t reached an agreement. Davies is reportedly seeking a significant salary increase, rumoured to be around €20 million per season, which Bayern Munich has declined.

Alphonso Davies is likely to leave Real Madrid. (Photo by FRANCK FIFE/AFP via Getty Images)

In light of this stalemate, Bayern Munich’s management has decided to withdraw their renewal offer, risking the possibility of Davies leaving for free when his contract expires in 2025. 

This development has opened the door for Real Madrid, who are preparing to make an offer that could potentially satisfy Bayern Munich’s demands.

Davies is likely to leave

In Germany, the consensus is that Davies is likely to leave Bayern Munich this summer, with Real Madrid being the most probable destination. The situation is fluid, but it appears that the Spanish club is in a strong position to acquire the talented Canadian defender.

For Real Madrid, securing a player of Davies’ calibre would be a significant boost to their squad. The club is known for its aggressive transfer strategies, and bringing in a player like Davies aligns with their goals.

As the summer transfer window progresses, the focus will remain on the negotiations between Real Madrid and Bayern Munich. 

Both clubs have a lot at stake, and the outcome will depend on their ability to find common ground regarding the transfer fee and Davies’ salary demands.

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