According to AS newspaper (Spain), ‘godfather’ Florentino Perez, President of Real Madrid Club , has been preparing for many years a guaranteed financial resource to be ready to sign a contract with striker Kylian Mbappe.
“The accounts of Real Madrid Club are in extremely good condition and will allow them to acquire one of the best players, which is Mbappe . Mr. Florentino Perez has been preparing for this event for many years. A When Real Madrid owns the top star they want, and spends a huge amount of money, they still ensure that their financial foundation is not affected. They will even increase revenue according to the outlined plans. “, AS newspaper said.
Mr. Florentino Perez deserves the title of ‘godfather’ when determining which star to buy, and will always own it
“Real Madrid will recruit Mbappe for free, when this 25-year-old French star leaves PSG Club at the end of the 2023 – 2024 season and becomes a free player. However, Real Madrid will pay Mbappe a sum of money. “a significant fee called a joining fee and a generous salary within 5 years (contract period). In total, it is expected that Real Madrid will pour up to 500 million euros into the Mbappe deal,” AS revealed . .
“This is a huge amount of funding. But Real Madrid has been preparing for this event for many years, thanks to the leadership of Mr. Florentino Perez. Real Madrid has 128 million euros in the bank, with a credit of up to 265 million euros. They also cut the club’s salary by 78 million euros in the last financial year.
The Spanish Royal Team is also expected to earn about 317 million euros in revenue each season from the Bernabeu stadium, which is about to reopen after a period of new construction and is the most modern stadium in Europe. This revenue amount will be more than double the current earnings of 150 million euros. Therefore, from very good and secure financial foundations, Real Madrid helped recruit Mbappe gently, in the “godfather” style of Mr. Florentino Perez”, AS newspaper expressed.
Mbappe will join Real Madrid this summer
Real Madrid has become a giant business
“As of June 30, 2023, Real Madrid Club announced that it had 1,072 employees. They spent up to 72% of their total income on employee salaries. The European Club Association (ECA) once announced warned that member clubs cannot spend more than 70% of their total income on salaries. Real Madrid Club President Florentino Perez has implemented cutting measures, but still does not affect the club’s employees.
Accordingly, Mr. Florentino Perez focuses on cutting top star players with high salaries. The salary fund for players accounts for the majority of Real Madrid’s salary fund. That’s why players Marcelo, Isco and Gareth Bale all left when their contracts ended. Next, Eden Hazard, Karim Benzema, Marco Asensio and Mariano Diaz also broke up. Thanks to that, Real Madrid’s salary budget has recently decreased significantly, showing their expenses at 452 million euros, accounting for 54% of the total income of 843 million euros, significantly lower than the previous year (which was at up to 72%)”, AS assessed.
Real Madrid has become a giant business
“Spending on salaries has been cut, while the club is earning more money at the same time. Therefore, this could not be a better time to own Mbappe. Real Madrid President, Mr. Florentino Perez in these days Recently, after Mbappe officially confirmed his farewell to PSG at the end of the season, he confidently announced to his players that: Mbappe is on his way to the Bernabeu.
Real Madrid also has the number 9 shirt available for Mbappe. This is striker Benzema’s shirt number, which has been left blank since leaving the team last summer, just waiting for another French star to replace him, which is Mbappe,” AS newspaper confirmed.