Can Real Madrid generate the required €300 million from player sales to comply with the FFP rules?
After a disastrous 2018-19 campaign, Real Madrid will be keen to bounce back next season. Zinedine Zidane returned to the club as the head coach and the Frenchman has been given a huge transfer budget to help Real Madrid get back on track.
Zidane has wasted no time at the club as he has already completed a host of signings with almost 2 months for the new season to start.
Eder Militao will join Real Madrid in a €50 million move from Porto. The defender will be useful to the club's defense which has two aging defenders in Sergio Ramos and Marcelo.
18-year-old Rodrygo will move to the club in a €45 million deal and will help the club in setting up a team for the future.
However, the attack of the club needed a few reinforcements and rightly so, Real Madrid has spent a combined €160 million on new signings. Serbia's Luka Jovic was worth €60 million while Belgian superstar Eden Hazard recently completed a move from Chelsea for €100 million.
That takes the summer spending to €255 million with a few more signings yet to materialize. Ferland Mendy could become a Real Madrid player in the next few days while yet another Galactico signing is pending at Real Madrid this summer. Hence, approximately a whopping €400 million could be the summer spending by the club by the end of this transfer window.
As reported in the AS, Real Madrid will have to recoup close to €300 million from player sales if they have to comply with the Financial Fair Play rules and thereby not be sanctioned by UEFA.
However, in the current circumstances, it seems to be an unrealistic target for the La Liga giants to achieve. Although the likes of Gareth Bale, Mateo Kovacic, and James Rodriguez have already been sidelined by the manager, it is unlikely that this trio would bring €300 million to the club.
While most clubs would be wary of Bale's injury problems and high wages, the player himself is adamant about staying in Madrid. Most importantly, if a club does decide to risk buying Gareth Bale, the transfer fee is unlikely to cross the €100 million mark.
Mateo Kovacic was on loan at Chelsea last season and any deal for the Croatian is unlikely to contribute much to Real Madrid's €300 million targets. On the other hand, James Rodriguez is back at Real Madrid after a two-year loan spell at Bayern Munich and the Colombian is likely to be sold as he does not feature in Zidane's plans for the upcoming season. James Rodriguez's form has been inconsistent and this would further reduce his transfer evaluation.
Real Madrid could definitely generate a few million by selling a few fringe players but none of them are likely to help the club balance the financial books. The likes of Karim Benzema, Sergio Ramos, Luka Modric, and Marcelo could command a decent transfer fee but selling any one of these could affect the team's balance.
Hence, it is unlikely that Real Madrid will reach its target of €300 million from player sales this summer. Therefore, it remains to be seen how Los Blancos will cope with the situation.