Real Madrid president Florentino Perez has changed his transfer policy and the old era of signing Galacticos seems to have been forgotten. Now Madrid like to reinforce the squad with young players and renew the contracts of current stars instead of splashing out big money on new ones.
That means Madrid's wage expenditure has gone up 135 million euros in the last five years, per a report from AS. It used to be 145 million a season and now it is 280m euros, just on salaries. To that you have to add signing on fees, etc - which take the figure to around 340 million, numbers which they will present on the 23rd of September at their annual meeting.
Althought they got rid of Cristiano Ronaldo, who cost them around 50 million a year, they renewed deals like that of Luka Modric, and added new salaries, like Thibaut Courtois'.
asakila
81
Getting rid of CR7 was bad business and the balance sheet gonna confirm this sooner than later. So it was never about getting rid of him but rather dumping success
DrAlvin000
62
I have been in support of Madrid since 1998/99 season but I do not buy the idea of getting rid of a person who changed the history of our club in the world. hala Madrid
Reuabdelrs
45
wait....is that the Ronaldo fanboys crying about their idol being sold...that is so cute
football⚽⚽lover
36
Finally the era of signing already established players is over. It's time to develop the youth system of clubs. Now time for the other big clubs to follow.