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Despite the concerns over finances, the Bernabeu outfit went to extreme lengths to snap up former Bayern Munich man Alaba on a free transfer.
They secured his services on a five-year deal, worth a reported £412,000-a-week.
Though he has the supposed funds to offer Alaba, 28, an astronomical wage package.
That's €25m p.a. gross, or £412k per week in PL terms.- Raphael Honigstein:blue_heart: (@honigstein) May 28, 2021
Bayern had offered €16m p.a. gross.
It's an absolute mystery why Real Madrid (and Barcelona) are in financial trouble. https://t.co/eQHWmf7Btp
It is Real's first major transfer of the summer and it comes after the departure of manager Zinedine Zidane who left his post following a trophyless 2020/21 season.
The versatile Austrian, who can play across the defence or in midfield, reacted to his move by posting a message on social media.
He tweeted: "I leave a special club for another special club. I am really happy and honored to join Real Madrid.
"After so many years in Munich I will face a new challenge and I will give my best to continue the club's special history. @realmadrid."
#HalaMadrid- David Alaba (@David_Alaba) May 28, 2021
I leave a special club for another special club. I am really happy and honored to join Real Madrid. After so many years in Munich I will face a new challenge and I will give my best to continue the club's special history. @realmadrid pic.twitter.com/1qyo1wMcy1
Alaba enjoyed 12 trophy-laden seasons at Bayern, winning the lot; from every domestic title to the Champions League in 2013 and 2020.
Featured Image Credit: PA
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