Madrid to demand €50M for Varane if renewal agreement is not reached—report

Real Madrid suspect that Raphael Varane does not intend to renew his contract with the club and thus they would be willing to entertain offers for the defender this coming summer, according to a report from MARCA.

The French defender has been an integral part of the club since joining in 2011 and this summer will mark a decade since his arrival at the Santiago Bernabeu. Florentino Perez has publicly heralded Varane as the club’s future captain, but with no movement on a contract renewal, a departure could soon be on the cards. Real Madrid’s hand may be forced this summer as the Frenchman’s contract expires in 2022. Both PSG and Manchester United are said to be interested in the defender and Madrid would demand €50 million for his signature.

In a pandemic ravaged market, Varane is one of the few members of the current first team squad who still maintains a strong value. If sold, the transfer proceeds could help Madrid offset some of their losses. With both Varane and Sergio Ramos’s futures in doubt, it’s little wonder as to why Madrid is looking to secure the bosman signing of David Alaba from Bayern Munich.

The report from MARCA could be pressure from the club to feel out the player’s intentions on a renewal or Varane could truly be seeking a new challenge.