There is money for a galactic

The anticipated data from Madrid's accounts shows that, if necessary, the club has scope for a large investment.


Good news is provided by the publication by Real Madrid of the summary of the latest club accounts to be approved at the next Assembly of delegate members. Not only because in times of pandemic and severe crisis, once again and for the second consecutive year, they show a surplus. In this case, almost a million euros of positive balance. Almost a miracle, having had a drop in income of 300 million since the pandemic began, according to data provided by the entity itself. But, even more so from this symbolic surplus, Madrid also shows its chest with two data that clearly speak of the good margin of action it has in the market if it was necessary to make a great signing ...

On the one hand, Madrid advances in this small summary of the accounts that there is a balance in the Treasury of 120 million euros. That is, therefore, the money in the box. On the other hand, the entity points out that Madrid "has as of June 30, 2021 credit policies without having available for the amount of € 361 million, which, together with the treasury, allows it to comfortably meet the planned payment commitments." There is liquidity for the planned payments and an important cushion to cover possible eventualities if the crisis hardens ... but also, it is obvious, to face any operation of caliber, a galactic signing, if necessary.

This is the result of the management that Madrid has made since the crisis began. The club has fought this drop in income of 300 million (in two consecutive years) with an austerity plan that has included the agreements for the reduction of salaries of the football, basketball and executive staff (there they have saved 58 million in two years), such as cuts of all kinds in operating expenses (62 million) and, above all, the savings due to the last sales of players, transfers and the chips that have also been saved with those definitive or temporary departures of footballers ( in this case, 175 million in two seasons) .

In short, Madrid is breastfeeding for having managed to save a total of 295 million to compensate for the loss of income of 300 million. And that leaves you in a good position if you have to go to the market (at the cost in this case, yes, of borrowing more). In this sense, although it seems clear that despite Mbappé's desire, Madrid's plan is to wait until January to sign him at zero cost, there are important names on the table on which the white club could force the situation. The most important is that of Haaland.

Madrid is, for the moment, calm with the idea that the Norwegian will stay one more season at Borussia and with which he will be shot in the summer of 2022. That is when Mino Raiola, his agent, has an agreement so that Leave Dortmund at a reasonable price, perhaps less than 100 million euros, and Florentino will be able to assert the good relationship he has with the CEO of Borussia, Hans Joaquim Watzke. That is the idea plan for the white entity, but you may have to anticipate movements ...

In recent dates there are several teams that are trying hard to get Haaland out of Germany this summer. Mainly Chelsea, European champions despite the lack of aim of their attackers. They are talking about a first offer from the London entity of 175 million. As AS advanced, Borussia put a prohibitive price of 200 million a few months ago thinking about the continuity of the forward ... There is not much difference with respect to what Chelsea offers and the 200 they ask for, and Raiola is very receptive to the possibility of that his player is sold now, because he understands that staying another year in the Bundesliga is a risk ... If that movement continues to take shape, Madrid have to take action on the matter and, according to official accounts, there is liquidity to do so.

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