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Real Madrid veteran set for a 40% salary reduction as part of new contract

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Photo by Yasser Bakhsh/Getty Images

Following Toni Kroos’ departure and speculation over Nacho Fernandez’s imminent move to Saudi Arabia, the potential contract extension of Luka Modric should serve as a breather of fresh air for Real Madrid fans.

The Croatian international is set to continue for another season at Santiago Bernabeu. His experience and leadership will play a key role in an otherwise young Real Madrid midfield unit.

Numbers behind Modric’s new contract

As Modric gears up for a new contract at Real Madrid, a recent report from Mundo Deportivo has offered details of his new deal at the Bernabeu.

It appears the Croatian international is ready to settle for a pay cut in order to continue at Real Madrid.

During the 2023/24 campaign, Modric’s net salary was around €10 million. However, there will be a substantial 40% reduction in his salary in the new deal.

Modric to take a pay cut at Real Madrid next season. (Photo by PATRICIA DE MELO MOREIRA/AFP via Getty Images)

That means Modric is set to earn around €6 million net salary for the 2024/25 campaign. The terms of the new deal have been approved by the player’s entourage as well.

Set for greatness in 24/25

At the age of 38, Modric has already broken several records, including becoming the oldest player to represent Real Madrid.

But the former Tottenham midfielder could achieve much more in the coming season. If he retires by the end of next season, he will become the oldest player to retire at Real Madrid, at the age of 39. Not to mention, the midfielder will turn 40 in September 2025.

In addition, Modric currently holds six Champions League titles – equalling the tally of the legendary Paco Gento.

If the Croatian ends up winning the UCL title once again, he will create history by becoming the player with the most Champions League titles in the history of football.

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Real Madrid News

Just in: Real Madrid’s defensive target picks up fresh injury

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Photo by Marco Rosi - SS Lazio/Getty Images

Real Madrid are in active negotiations with LOSC Lille for the transfer of Leny Yoro. After weeks of impasse, the club appear to have made some ground in the race to sign the Frenchman.

However, should the Yoro deal fall through in the coming weeks, Real Madrid have identified Lazio’s Mario Gila as the ideal alternative.

Formerly of RM Castilla, Gila currently plies his trade for Lazio and has emerged as a key defensive lynchpin for the Italian outfit, impressing onlookers with his technique and discipline.

Mario Gila picks up fresh injury

However, in a major development, it appears Mario Gila has picked up a fresh injury during training, reports Diario AS.

In the pre-season camp at Auronzo di Cadore, Gila appears to have fractured his left foot and could be out for several weeks.

Fresh setback for Mario Gila (Photo by Marco Rosi – SS Lazio/Getty Images)

Lazio confirmed the defender’s injury, stating, “Mario Gila underwent clinical and instrumental examinations which revealed a fracture of the phalanx of the big toe of his left foot, suffered during training.”

Gila has started taking the appropriate treatment and the extent of his injury will be known soon. However, as things stand, the defender could be out for at least the next few weeks.

What does this mean for Real Madrid?

Mario Gila’s fresh injury setback is sure to dwindle any hopes of a potential return to Real Madrid this summer.

In any case, Gila’s chances of returning to Santiago Bernabeu were slim given that Real Madrid have finally made some ground in the deal to sign top defensive target Leny Yoro.

Los Blancos, though, would have liked having someone like Gila available as an alternative, especially with LOSC Lille still demanding a fortune for the Frenchman.

Unfortunately, that might not be an option anymore, no thanks to Gila’s injury. The club, though, will keep a close eye on the Spaniard’s injury situation, knowing he could return to fitness before the end of the summer break.

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