Wait a minute, is Real Madrid also experiencing financial difficulties at the moment? I guess this is bad news about them, but I'm not sure about that. The way Real Madrid are signing players does not reflect that they are in a bad financial situation, but perhaps Real Madrid are starting to save money for Ancelotti's last season with them.
The financial condition of real madrid is not that bad. The only problem if the club must spend its money efficiently. Real madrid was just taking 1 billions loan to funding its project renovating santiago bernabeu. It was forcing real madrid needs to spend any money efficiently starting from this time. Real madrid needs to avoid FFP as well. There was no team who had unlimited money, even saudi clubs. The financial condition of real madrid is not as bad as barcelona but real madrid needs to be carefully in spending its money to the market.
The club shall have avoid floppy transfer like haazard in the past. Real madrid has so many things that need to be done. It's not only about the transfer.
Real Madrid has spent at least €129.50m building up its squad. They have signed at least 5 players including Jude Bellingham, Arda Güler, Kepa Arrizabalaga, Fran Garcia and Joselu. Two of the 5 players are players on loan, while the other 3 are signed on a permanent basis.
It's only transfer spending. Real madrid has its own project that must be continued and it costs almost 1 billions. The club in the needs to spend money much more efficiently to control its balance sheet.
Avoid spending for unnecesary thing that will have no benefit for the club.