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Real Madrid 'not planning any January signings'

Real Madrid 'not planning any January signings'
© Reuters
Real Madrid will avoid making any signings during the January transfer window unless they can offload some out-of-favour players first, according to a report.

Real Madrid will not make any signings in the January transfer window owing to the financial impact of the coronavirus pandemic, according to a report.

Clubs across the globe have been severely hit financially as the ongoing outbreak forces the postponement of matches and stadium closures, with many countries now trying to battle a second wave of the virus.

Most Real Madrid players previously agreed to a wage cut as the club looked to navigate through this difficult economic period, but the Spanish champions are still believed to be facing losses of up to £200m.

As a result, Marca claim that Real will put their transfer business on hold unless they are able to ship out a number of unwanted players in January.

The report claims that Mariano Diaz and Luka Jovic are two players who could be sold in order for Los Blancos to free up some funds for new signings, with both forwards struggling to make their mark in the Spanish capital.

Zinedine Zidane's side sit atop the La Liga table after seven matches but have struggled in the Champions League with a defeat to Shakhtar Donestk and a draw at Borussia Monchengladbach over the past few weeks.

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Luka Jovic in action for Real Madrid on September 25, 2019
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