Former Real Madrid boss Fabio Capello has been informed that the club will have a budget of €500m for this summer’s transfer window.
The Italian, who retired from coaching last year, managed Real across two separate spells and led the club to a La Liga crown in each one.
Nowadays, Capello is trying out his luck in punditry and has already given some stern views on Real’s struggles to cope without Cristiano Ronaldo in their ranks.
But it turns out Capello still maintains contact with his old club and has been informed of the budget current manager Zinedine Zidane will have for the upcoming transfer window.
“I was in Barcelona and I was told that this year Real Madrid have €500m to spend,” Capello told Sky Sport Italia.
“I asked, ‘Are you sure?’
“The answer was yes and that came from someone who knows a lot about Real Madrid.”
This revelation ties in with recent reports coming out of Spain that suggest Real president Florentino Perez will heavily back Zidane in a bid to do a massive overhaul of the squad.
The Spaniard’s actions come in light of a disastrous campaign, which has seen Real suffer an early Champions League exit and on course for no domestic silverware whatsoever.
Gareth Bale is expected to one of the stars shown the door this summer in a bid to help Real raise sufficient funds.
Another likely source of income for Los Blancos will be the expected sale of James Rodriguez, with Bayern Munich expected to take up their €42m buy option after having the Colombian on loan for the past two seasons.
On the other hand, Chelsea winger Eden Hazard and Manchester United midfielder Paul Pogba have both been linked with big-money moves to the Santiago Bernabeu.
Tottenham playmaker Christian Eriksen has also been regularly touted as a potential long-term replacement for an ageing Luka Modric.