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At Real Madrid, the Galacticos period began in the year 2000, when club president Florentino Perez set into action a strategy to acquire great players in order to enhance the team’s performance on the field and appeal to an audience throughout the world.
Real Madrid is still considered by many to be Europe’s center for producing top-tier players, despite the recent focus that has been placed on the development of young prospects.
Real Madrid is looking to add a Galactico to its roster.
Kylian Mbappe and Erling Haaland are reportedly targets for Real Madrid due to the club’s better financial situation as they look for a galactico signing next summer. AS reports that these two players have entered Madrid’s radar.
Especially in light of Karim Benzema’s move to Saudi Arabia, a statement signing is almost certain to be on the horizon. The study provides facts on Madrid’s financial strength, including elements that point to the inevitability of a move for a significant player.
According to the source, Real Madrid has 128 million euros in cash on hand in addition to 265 million euros in unused credit facilities.
In addition, the club has created space in its salary bill, which makes it possible for the club to comply with the financial fair play rules established by La Liga.
According to the Efficiency Ratio, a criterion that is used by the European Club Association (ECA) to analyze the financial health of its member clubs, the total personnel expenditures of a club cannot exceed more than 70% of the club’s total income. This rule was established by the ECA.
The most recent set of authorized records shows that Madrid’s wage expenses were 54%, which is a significant decrease from the previous season, when they were 72%.
Although the amount spent on salaries has fallen, total income has climbed by 17%; as a result, the atmosphere has become more advantageous than it has ever been for the acquisition of a star player.
The team will benefit from the renovations made to Santiago Bernabeu.
In addition, the remodeled Santiago Bernabeu ensures that high-profile players will join with the club.
Not only does the club anticipate that its total income for this season will be 939 million euros, but more importantly, it anticipates that the money it will generate from the management of the stadium will be 317 million euros, which is an increase of about 150 million euros in comparison to what it had been earning.
It is anticipated that profits would increase as a result of the stadium’s ability to hold NFL games as well as other prominent athletic events, and extra seating will also be provided. All of these riches will make it possible to hire megastars.
As of right now, Mbappe and Haaland are the two most prominent names on the wishlist, and Real Madrid will be keeping a close check on the possibility that they may join the club in the summer of 2019.
