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Real Madrid ready to spend up to €400 million in the summer

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Photo by FRANCK FIFE/AFP via Getty Images

As we edge closer to the start of the summer transfer window, Real Madrid are slowly making their roadmap for the season ahead and how they plan to approach squad building this summer.

According to Josep Pedrerol, this could be a very important transfer window for Real Madrid, especially with Karim Benzema exiting from the squad.

The Frenchman announced his desire to leave Santiago Bernabeu at the end of the month, in favour of a move to Saudi Arabia. Pedrerol believes this could play a crucial role in convincing the club to spend a fortune this summer.

As per the Spanish TV presenter, Real Madrid could be ready to spend up to €400 million on new players this summer. This hardly comes as a surprise, as the club have witnessed mass defections ahead of the coming summer.

Marco Asensio, Mariano Diaz and Karim Benzema are all set to leave the club at the end of the month whereas the contract of Eden Hazard was terminated by Los Blancos owing to his high salary and poor performances.

Real Madrid’s first order of business will be to sign Jude Bellingham. The Englishman is slowly closing in on a move to Santiago Bernabeu and could be the club’s biggest signing of the summer.

Next up, the Spanish giants could after a replacement for Karim Benzema. Multiple reports claim Harry Kane has been identified as the desired replacement for the ageing Frenchman. Kane’s contract at Spurs expires in 2024, making him an ideal target for Los Blancos.

Apart from a midfielder and a striker, Real Madrid might go after a new fullback, especially in the left-back department. Alphonso Davies was identified as a potential target, but whether or not the club can sanction his move this summer remains to be seen.

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Real Madrid News

Real Madrid will begin renewal talks with key duo in coming weeks – report

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Photo by FAYEZ NURELDINE/AFP via Getty Images

According to transfer market expert Fabrizio Romano (h/t Madrid Xtra), Real Madrid are shifting its focus towards securing new contracts for key players Dani Carvajal and Ferland Mendy in the upcoming weeks.

Both Carvajal and Mendy have contracts that are set to expire in 2025. While there have been some challenges regarding Mendy’s future, Real Madrid have remained clear about their intentions for the Euro 2024 winner.

Over the past year, Carvajal has had an impressive run, adding three more trophies to his collection with Real Madrid, including the Euro 2024 championship. 

Interestingly, he is currently not overly concerned about his future. He hasn’t been thinking much about his contract extension, with the last major news about it surfacing about a month ago.

“At the moment I’m not thinking about leaving Madrid, far from it. My subjective perception is that the day I can’t contribute what I can contribute, I’ll take a step aside,” he said a few weeks back.

Ferland Mendy is closer to staying

Carlo Ancelotti wants Ferland Mendy to continue. (Photo by David Ramos/Getty Images)

On the other hand, Mendy’s future at Real Madrid seemed uncertain due to rumours that he might be replaced by Alphonso Davies. 

However, Carlo Ancelotti has shown an unusually strong preference for retaining Mendy. The manager has made it clear that he wants Mendy to stay. 

He has praised Mendy’s skills and performances throughout the past season, making it evident that he sees Mendy as a crucial part of his strategy.

At present, there is a significant concern within the team that if an agreement is not reached by next summer, Mendy could leave the club on a free transfer. This scenario is something Real Madrid are keen to avoid.

As Real Madrid move forward with these contract negotiations, the focus remains on securing the futures of both Carvajal and Mendy, ensuring that they continue to contribute to the club’s success in the years to come.

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