After going through many rumors for half a year, Jude Bellingham finally answered that he chose Real Madrid as his new home. An extraordinary transfer fee of around 100 million euros plus add-ons of 30 million euros makes him one of the most expensive young players this season. It seems that Florentino Perez did not hesitate to spend that much for Bellingham from Dortmund and the era of Los Galacticos volume 2 seems to be starting soon since Bellingham's arrival at the Santiago Bernabeu. I think Real Madrid will not sit idly by for all competitions next season and they are also ready to compete with other top European teams.
That 103 Million € as transfer fee seem like a pretty weird number to me, but i guess that Real did not want to pay more than 100 M€ now and that 3 M€ on top are probably a nice bonus that Borussia Dortmund was able to achieve. If Real also needs to pay all add-ons then this would make it a deal that would cost them more than 130 M€ plus the salary of course.
I would guess that a big part of the money that is available for transfers this summer is gone for Real Madrid now. I doubt that they can do another deal of this magnitude (to get Harry Kane for example) if they are not selling one of their own players before. We will see what happens in the next weeks.