Source: New York Times
This is actually good news in my opinion. Especially I am very happy to actually know that Luka Modrić is staying. Even though he is old, the quality of him actually surpasses anything else. Tony Kroos could also play for a longer period of time. But we all know that the Kroos is not someone to do that. You know Kroos has previously famously said that "he is retiring because he is not able to give his 100% anymore." But you know even 70% from him is good enough. That also applies for Luka Modrić as well. Florentino Pérez and CEO José Ángel Sánchez said they are in discussion about reducing Modric's salary a little Modric also accepts that and they committed money is not important here.
Anyway, I am happy that he is staying. Carlo Ancelotti is going to have a really quality player on the bench if he stays.
Modric is old, but he is still playing like a young player because he is still doing well. This is good news for real Madrid fans because they have already missed Kroos, and it is better that Modric renews his one-year contract. I am sure that even after the season ends, they will want him to renew again. if he continues to do well. Real Madrid is completely prepared to perform well next season, even without Mbappe, and they are ready to compete with any club. Modric is not concerned about salary because if it were, he would have left Real Madrid and moved to the Saudi league, where he would have earned a lot of money. Real Madrid's first and second elevens are both good, and they are all fit. Real Madrid is expected to win the La Liga and possibly the Champions League next season due to their excellent players and ability to fight with other clubs.