~Snip~
It is certain that Luka Modric will not be in the Real Madrid squad for long, the development of younger midfielders makes Luka Modric position even more threatened. Bellingham increasing performance has made him one of the irreplaceable midfielders in Real Madrid main squad.
Federico Valverde, Tchouameni and Camavinga also always perform well when given their trust, Ancelotti only rotates them in several matches by including Toni Kroos or Luka Modric. Modric presence is increasingly marginalized in the Real Madrid squad, now he mostly sits on the bench rather than being trusted to play from the first minute.
Modric's position is already under threat. But that is a normal thing. Considering that he is no longer young. Currently Modric has one more year on his contract until 30 June 2024. And I doubt that next year Real Madrid will again extend his contract at the club. But I still remember that in the transfer market yesterday Modric rejected an offer from an Arab club. And he still chooses to play at Real Madrid with his contract extension only until next year. And in a report it was reported that Modric wanted to retire at Real Madrid. So is it possible that if his contract is not extended next season then he will retire? But my guess is that he will be approached again by an Arab club and if it is a high offer then maybe he will follow C.Ronaldo to an Arab club. But if Real Madrid extends his contract again then of course Modric will definitely continue to stay at Real Madrid. But I'm not sure that will happen.
I am also very much doubtful about them, extending the contract with Luka Modrić. He is obviously still a very good player. There is no doubt about that. But if history can tell us anything, I think we know that Real Madrid do not keep players who are old. And especially Real Madrid, do not keep players who are past their prime. Luka Modrić is definitely not in his prime. But the main reason he is still in Real Madrid is because he is still performing quite well and they also have not found a true replacement of him.
But anyway I do not think that Real Madrid is extending their contract with him. But I believe it will be a better idea to extend his contract for one more year and sell him to a Saudi club for a big amount of money. and by the time they will also be able to find a replacement.