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Real Madrid open official talks with Dortmund for Bellingham, could close deal quickly

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Photo by Christof Koepsel/Getty Images

In a major update, German news outlet BILD is reporting that Real Madrid have opened official talks with Borussia Dortmund for the signing of Jude Bellingham. The report states that the operation could now be completed very quickly for a fee of little over €100 million plus add-ons.

It was recently reported that Real Madrid CEO Jose Angel Sanchez was set to travel to Dortmund to initiate discussions with the Bundesliga outfit over the signing of the 19-year-old midfield wonderkid.

BILD states that official talks have opened between the two teams and Sanchez plans on making the trip sometime this week to finalise the operation at the earliest possible.

In fact, it is further claimed that a delegation from the Spanish capital outfit will be in Dortmund tonight itself when the team will be in action against Manchester City in the UEFA Champions League semi-final second leg.

It is reported that Real Madrid wish to finalise and announce the signing of Bellingham quickly if they were to get eliminated from the Champions League tonight as a way of dealing with the setback.

As such, an agreement over personal terms with Bellingham is already in place and the only thing pending is the two clubs agreeing a transfer fee.

The report suggests that the deal could be finalised for a fixed fee of just a little over €100 million, plus add-ons and bonuses.

Things could move quickly in the Merengues’ pursuit of Bellingham as they look to close the signing of the England international and make him their next marquee signing.

Reports suggest that Real Madrid are also scheming to add Kylian Mbappe and Alphonso Davies to their ranks this summer itself, although it looks unlikely that they would be able to splash the cash on the PSG and Bayern Munich stars after the enormous layout to sign Bellingham.

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Real Madrid News

Contract extension of two Real Madrid veterans will be signed soon – Fabrizio Romano

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Photo by Angel Martinez/Getty Images

According to Fabrizio Romano, both Luka Modric and Lucas Vazquez will soon sign new contracts with Real Madrid. 

These deals are expected to be official shortly, ensuring that both players will stay with the club for another year as their contracts will be valid until June 2025.

Interestingly, Carlo Ancelotti has been key to this decision as he believes Modric’s experience and leadership are crucial for the team, especially since Real Madrid has a relatively young midfield lineup.

What is noteworthy is that Modric is willing to accept a pay cut to remain with the club. In the 2023/24 season, Modric earned around €10 million. 

However, under the new agreement, he will see a significant reduction in his salary by 40%. This means he will earn about €6 million for the 2024/25 season. Modric’s representatives have agreed to these terms.

What about Lucas Vazquez?

Real Madrid have assured the continuity of Modric and Vazquez. (Photo by David Ramos/Getty Images)

On the other hand, Vazquez, who has been the subject of recent exit rumours, has also reached an agreement with Real Madrid for a new contract. 

This deal will also keep him at the club until June 2025. There will be a final meeting soon to finalise the details and sign the contract, similar to the process for Modric’s deal.

It is said that Real Madrid’s decision to keep Vazquez was made some time ago as the club view him as the ideal backup for Dani Carvajal, indicating that they do not plan to sign another right-back during the summer transfer window.

Madrid’s confidence

Although the negotiations took longer than expected, both Vazquez and the club are on the same page and want the same outcome. 

In summary, Real Madrid is set to secure the futures of both Modric and Vazquez with new contracts valid until June 2025. 

Modric’s deal involves a pay cut, reflecting his commitment to the club, while Vazquez’s new contract underscores the club’s confidence in him as a reliable backup for their right-back position. 

These moves are part of Real Madrid’s strategy to blend experienced leadership with youthful talent in their squad.

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