Real Madrid bank millions as former academy striker joins Bournemouth

Real Madrid bank millions as former academy striker joins Bournemouth Although not excessive by their standards, Real Madrid have still spent a considerable sum on new signings this summer. The Spanish defender Marc Cucurella has been the main asset on whom they have spent €55 million, and promised another €5 million in variables, while another €20 million has been paid for Denzel Dumfries. On the other hand, the Merengues have almost recouped this amount with sales of some of the academy trained players. Most of this income has come from the sale of Nico Paz to Como, while other players like Victor Munoz have also brought in a significant sum to Los Blancos’ coffers. Another former player from whom Real Madrid were expecting to obtain some income is the forward Alvaro Rodriguez. An agreement for his transfer from Elche to the Premier League side Bournemouth had been reached some days ago, but was not yet officially announced. The player’s medical tests were keeping this operation from being finalized. Now, as Diario AS has reported, the remaining issues have been resolved and an official announcement of this move has come today, on Wednesday. Both the involved clubs have announced the transfer of the Spanish striker, for whom the English side will be paying €25 million fixed and another €5 million in variables. The Merengues had retained the right to get 50% of any future transfer fee paid for him when they sold Rodriguez to Elche for €2 million last year. The player had a very good year with the La Liga side, and has now completed his move to the Premier League, and this transfer will leave around €12.5 million for Real Madrid. This sum can increase further if the player meets the variables for the other €5 million promised. Hopefully, Alvaro Rodriguez will continue to shine and grow in England, and give the world another indication of the quality that is coming out of the Real Madrid academy.