A year ago
Jude Bellingham to Real Madrid is closer than ever – but agreement not yet reached
According to sources close to Real Madrid, Jude Bellingham is getting closer to joining the club this summer. Madrid has identified the midfielder as a key target and want him to be part of their next generation, which will inaugurate the newly rebuilt Santiago Bernabeu. However, it is unclear whether a definitive agreement has been reached between the two parties.
Despite Bellingham expressing his excitement to join Madrid and his love for the project being prepared for him, multiple sources with knowledge of the situation would not confirm whether an agreement has been reached. Other sources close to the subject also said that the clubs have not yet entered into decisive talks over a fee. Madrid sources have always spoken about the potential transfer in cautious terms, and there are several reasons for that.
Madrid considers itself in a disadvantaged position compared to Liverpool and Manchester City, who have also shown strong interest in signing Bellingham, although Liverpool dropped out of the running last month. Madrid believes they cannot offer as much money as City, and their valuation of the player is lower than Dortmund’s asking price of €150 million. As previously reported, Madrid’s valuation is closer to around €100 million.
Madrid is continuing with caution, but recent talks with the 19-year-old England international have made them more optimistic. However, there are variables to consider, such as the player’s choice, the selling club's willingness to accept a lower offer, and the relation between the two clubs. Sources point to the example of how Madrid signed Aurelien Tchouameni from AS Monaco last summer. They say that Bellingham’s arrival would have to follow the same sequence of events, where the player would have to choose Madrid, where he would earn less money, and the selling club would have to accept a lower offer than the one English clubs might be able to put together.
Madrid sources have indicated that they are willing to make an effort for Bellingham, but they have no plans to do anything “crazy,” such as entering into an auction with Premier League rivals who can afford to spend more. The excellent relations between Madrid and Dortmund could help, but both clubs are aware that this is a business, and each club only defends its own interests. Madrid is also aware that if Dortmund were to decide against selling this summer, they would be in a weaker negotiating position next year, with Bellingham’s current contract due to expire in June 2025.
Overall, it seems that Jude Bellingham's potential transfer to Real Madrid is the most likely option, but it is not certain. The situation remains fluid, and both clubs must reach an agreement that suits their interests. The coming weeks will be crucial in determining whether this transfer will happen.
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