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Real Madrid in talks to renew the contract of 17-year-old academy jewel

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Photo by Ricardo Nascimento/Getty Images for DFB

Real Madrid are engaged in discussions regarding a new contract for the highly-rated academy player Paulo Iago, reports Guillermo Rai of The Athletic.

However, the report adds that doubts have emerged on both sides regarding the likelihood of an agreement being reached.

Iago, aged 17, signed a two-year deal with Real Madrid only last year. The Spanish champions are keen to retain the services of the young attacking midfielder, regarded as one of the finest prospects coming through the youth ranks.

Iago is already attracting interest from a number of European clubs and despite the club’s attempt to renew, an exit is not ruled out, with the player understood to be let down by the club.

Iago’s decision to only renew for two years instead of three when he penned his renewal in 2023 was regarded as an indication that he had serious reservations about his prospects for advancement within the club.

Paulo Iago (R) could leave Real Madrid. (Photo by Ricardo Nascimento/Getty Images for DFB)

Amid fears that they could lose the talented prodigy on a free transfer when his current deal expires, Real Madrid are engaged in negotiations with Iago, with the objective of extending his contract.

Club sources have indicated that they are planning a short-term offer, with the intention of extending his contract by another year until 2026.

Iago, who recently represented Spain at the Under-17 European Championship, has been with Real Madrid since 2014. He played just 20 minutes in Cyprus as Spain suffered three defeats and were eliminated at the group stage.

Sources at Madrid’s academy rate him highly, but believe he should be more patient about opportunities to develop.

Iago is already playing two years above his age group for Madrid’s U-19 side, managed by club icon Alvaro Arbeloa.

A number of meetings have already been held between Real Madrid and Iago’s representatives, yet no agreement has been reached. It is anticipated that further negotiations will take place over the coming weeks.

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Real Madrid News

Spain midfielder credits Real Madrid assistant manager for career success

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Photo by Dean Mouhtaropoulos/Getty Images

Spain’s European Championship campaign so far has been one filled with revelations. From young Lamine Yamal and Nico Williams on the wings to the ever-so-solid midfield, La Roja have impressed across the park and have taken the tournament by storm.

One such player who has played a critical role for the team despite not being in many pundits’ squad for the tournament is Fabian Ruiz. The PSG midfielder has been sensational for Luis de la Fuente’s men so far, scoring once and providing one assist in two games.

Despite not having any direct links with Real Madrid, the Spanish midfielder interestingly credits Davide Ancelotti for his success and AS brings the story.

A chapter in Naples

Fabian Ruiz may have never played for Los Blancos in his career so far, but he crossed paths with the Ancelottis in Naples a few years ago.

Ruiz signed for the Italian club from Real Betis in 2018 for a fee of €30 million. At the time, he was not known widely and was just seen as another routine Spanish midfielder aspiring to make it big.

As revealed by the player in a recent interview, however, it was Carlo Ancelotti’s son and Real Madrid assistant manager Davide Ancelotti who first saw the spark in him.

“Meeting him was a very important step in my career. From the beginning, he backed me, and it was not easy to pay what Napoli paid for me, a player who had not played much in La Liga with Betis.”

“If it weren’t for him, I wouldn’t be here. I have a very good relationship and friendship with him,” he added.

Fabian Ruiz credits Davide Ancelotti for his success. (Photo by GLYN KIRK/AFP via Getty Images)

A special eye

Ruiz’s comments on Davide Ancelotti only make it clearer as to why Carlo Ancelotti holds his son’s advice in high regard. It is, after all, a testament to the tactician’s keen eye for special talent.

As revealed earlier this year, it was the manager’s son who suggested Joselu’s substitution against Bayern Munich in the UEFA Champions League semifinals when the team was on the brink of elimination.

What happened next was history as the veteran scored twice within minutes to turn the game around and send the Bavarians crashing out.

Davide has been rumoured to be interested in walking his own path soon as a specialist coach, but as it stands, will continue working under his father for at least one more year at Real Madrid.

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