Real Madrid News
Real Madrid have a €425 million budget for new signings – report
Thursday’s edition of Diario AS tabloid has made a sensational claim on Real Madrid’s transfer market plans, suggesting that the reigning European champions have a budget of around €425 million for new signings.
The report comes just a few days after reports broke out over Kylian Mbappe’s desire to leave Paris Saint-Germain. The attacker is unhappy with the PSG board and wants to quit the club in the upcoming January transfer window.
Although PSG have no intention of offloading their star forward, the French outfit could be forced to sanction an exit if the player continues to hold out for a move away from Parc des Princes.
Real Madrid are the favourites to sign the Frenchman, valued at around €300-350 million. Such a figure would see him barely fit into the club’s budget if the report from Diario AS is to be believed.
While the links to Mbappe are growing, Erling Haaland is also said to be on the club’s agenda. He has a €200 million release clause in his Manchester City which can be triggered in 2024, something that will be well within the range of the Merengues with the €425 million budget.
Real Madrid’s increased budget comes in the midst of the club’s immense success under Carlo Ancelotti. The Whites notably secured the double last season and have started the new season exceptionally well. They are also one of the favourites to retain the Champions League title.
On the flip side, Real Madrid’s budget is unlikely to be solely reliant on the club’s sporting success. In fact, Los Blancos are expected to undergo a busy 2023 summer transfer window, with the club in contention to offload some of the star players, including Eden Hazard.
Their sales could help the club generate significant revenue. But whether or not that would be enough for the club to sign someone like Mbappe remains to be seen.
It has not been a great start to the year for Real Madrid. Barring a win over Liverpool in the UEFA Champions League, the Spanish giants have been humiliated by their arch-rivals Barcelona three times while dropping points carelessly in La Liga.
With 12 points dividing the two teams at the top of the table, there is not much hope for Real Madrid, in their bid to retain the title.
Unsurprisingly, this has led to immense pressure on Carlo Ancelotti, who is facing a fightback against those who want him gone at the end of the season.
In the midst of this chaos, a recent report from MARCA states that Real Madrid may once again endure a relatively calm transfer market in the coming summer.
It appears the club have no desire to make too many signings in the summer and are set to go into the 2023/24 campaign without any major reinforcements.
It is no doubt that Real Madrid’s poor performances have highlighted the team’s lack of depth and the need for reinforcements. Especially in the attacking and the defensive department, the club clearly need more depth as they often rely on their existing stars.
But it appears Real Madrid are calm about the issue and do not want to take any risks in the coming summer. Even before the start of the 2022/23 season, Aurelien Tchouameni was the club’s only notable signing, much to the disappointment of Ancelotti.
Recent reports have hinted that Real Madrid’s transfer activity would rely on who becomes the coach in the summer. But the club’s static approach to the market in 2023 could make sense, given the club that the Spanish giants are targeting star players such as Jude Bellingham, Kylian Mbappe and Erling Haaland.
All of the three aforementioned stars are either available or would be available on a cut-price deal in 2024. Erling Haaland, for one, has a special release clause in his contract that can be activated in 2024, even though Manchester City are actively looking to remove it.
Mbappe, too, has his contract at PSG expiring at the end of the 2023/24 season, so it will be interesting to see how Real Madrid go about their business in the coming summer.
Mokgothu Leboko
October 14, 2022 at 12:18 am
At this stage Real Madrid does not have to waste their efforts of looking for a player like Mbappe,they rather look somewhere for a player who may bring peace and harmony as well as delivery to team.