Ex-Actual Madrid president blasts ‘lunacy’ of promoting Cristiano Ronaldo, claims membership has money owed of €1 BILLION

Former Actual Madrid president Ramon Calderon has claimed the membership are €1 billion ($ 1.2 billion) in debt and slammed the choice to promote Cristiano Ronaldo to Juventus as “lunacy.”

The 69-year-old, who served as Los Blancos president between 2006 and 2009, made his emotions on the membership’s present scenario completely clear while chatting with reporters on the Desafio Nacex – a paddle tennis event held between former Actual and Barcelona gamers.

“Since Cristiano was stupidly offered, it was clear that the group wanted reinforcements in that place and in others however the unhappy actuality is that the membership’s accounts will not be solely naked however are additionally filled with payments to the tune of round 1,000 million – payments that need to be paid,” he stated.

Actual are at the moment within the strategy of an infinite remodelling venture on the Santiago Bernabeu, at a reported value of €575 million ($ 650 million).

Covid-19 has additionally impacted golf equipment internationally with video games being performed with out followers, whereas it was reported in the summertime that Actual’s two primary sponsors, Fly Emirates and Adidas, couldn’t afford to match the agreed phrases on their present sponsorship offers with the membership.

The previous’s deal sees them pay €40 million per 12 months to Los Blancos, whereas the latter agreed to pay €110 million yearly.

Actual didn’t signal a single participant in the summertime, however offloaded quite a few stars together with Gareth Bale, James Rodriguez, Achraf Hakimi and Sergio Reguilon, both completely or on mortgage.

Madrid supervisor Zinedine Zidane is reported to be beneath critical stress after the membership suffered consecutive defeats to Cadiz and Shakhtar Donetsk – who had been with out 13 senior gamers after a Covid-19 outbreak – of their final two matches.

Additionally on rt.com

Calderon is hoping the Frenchman can flip issues round within the Spanish capital: “What occurred towards Shakhtar and Cadiz left a really unhealthy style however now we have to be optimistic as a result of this group have been by tough moments earlier than and managed to return by them though clearly, the sensations aren’t good.”

On membership legend Zidane, he added: “He’s doing what he can with the sources accessible to him.

“The Shakhtar efficiency wasn’t good, there have been a whole lot of errors, I’m positive within the line-up too, however you can’t pin the blame on one individual, it’s an accumulation of circumstances, a series of occasions which have led to this. 

“It was lunacy to promote Cristiano after they don’t have anybody to attain targets.”

Additionally on rt.com

Ronaldo requested to depart Actual in 2018, prompting his €100 million switch to Juventus, however he later revealed he determined to take action as a result of he now not felt as valued by president Florentino Perez as he as soon as did.

As such, the Portuguese phenomenon might properly have opted to remain had Perez dealt with his latter years on the membership otherwise.

The 35-year-old netted 450 targets in his 9 seasons on the membership – a mean of precisely 50 per marketing campaign – so changing his firepower was at all times going to be extraordinarily tough for the membership.

He has remained prolific in entrance of purpose since shifting to Italy, the place he has scored 68 instances in 91 video games.

Actual used the cash introduced in from Ronaldo’s sale to buy Eden Hazard final 12 months, however the former Chelsea winger has did not set the world alight since his transfer having struggled for kind and health. He managed to play simply 22 instances final season – returning one purpose and 7 assists – and he’s but to function on this marketing campaign.

In the meantime, Karim Benzema has produced two of his extra prolific campaigns in a Actual shirt – he scored 30 within the season after Ronaldo left and hit 27 final 12 months – however a poor begin to this season has seen him hit the online simply as soon as in six video games.

Additionally on rt.com

It’s clear the membership nonetheless want somebody who can shoulder the goalscoring burden left behind by Ronaldo, however until they’ll discover a discount it may be tough for them to afford such a participant proper now given their monetary scenario.

Actual estimate their renovations of the Bernabeu will usher in an additional €150 million ($ 170 million) every year, so the completion of that venture – projected for 2022 however doubtlessly sooner as a result of the pandemic accelerated their plans – can not come quickly sufficient.