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Report: Real Madrid not likely to make signings in winter transfer window

The club’s budget continues to be affected by the pandemic reportedly

Real Madrid v Shakhtar Donetsk - UEFA Champions League Photo by David S. Bustamante/Soccrates/Getty Images

Real Madrid are not likely to make any transfers in the January transfer window, according to MARCA’s Jose Félix Diaz.

The report cites that the club is finishing the budget for 2020. It says that the reduction in both budget and income will reach about €200 million for the year, which means Real will not be very active at all in the next transfer window.

It says that the budget is mainly being affected by the lack of fans that can attend matches, both at the end of last season and this current season. It says Real will continue to play at the Di Stefano so long as fans cannot attend.

Diaz also writes that Real selling players would also not likely result in incoming transfers being made. The club is reportedly satisfied with the talent they have currently and are entrusting them and Zidane with finding success.

The club already made little to no incoming moves in the past summer window with the exception of recalling Martin Ødegaard from his loan with Real Sociedad. They also sold and loaned several players.

This is not a surprise given how the pandemic has affected many international clubs’ transfer plans. It’s also not a surprise that Real will take a huge financial hit given there has been no money made from ticket sales for a majority of the year.

Real still have depth to get through the season, though it is not ideal if they hope to repeat as champions. They’ve done well so far in La Liga given that they are currently in second and just a point behind Sociedad.

They’ve also dealt with a myriad of injuries to start this season, missing both of their right backs, Ødegaard and just now getting Eden Hazard back for the first time.

If no moves are truly made in the next window, it will be interesting to see what happens to the 2021 summer window. All eyes around the club are on Kylian Mbappe potentially moving to Madrid next season. With the current budget issues being reported and fans still not in the stands, the question is if the situation will improve at the club by that period.

We’ll have to wait and watch as the situation moves ahead this season and the yearly budget is eventually finalized. It’s going to be an interesting few months, regardless of what happens in the winter transfer window for Real Madrid.

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