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Of course he will evaluate, he knows what he wants to build on transfer window for next season. Every coach must think about that all the time. But, this is Madrid where the players several of them have star characters. this is very different if we are compared his team at Leverkusen. The ego of star players tends to be bigger than players who don't have any status at all. This is the real challenge for Xabi. Mbappe often show his ego, can Xabi make Mbappe follow his strategy? This should be the reason why Xabi needs to know the character of each player with adaptation and evaluation first. Likewise, players also need to adapt to Xabi's style. It's no longer about money when coaching Madrid, but the ability to unite a team.
I don't know who decided (between Perez and Ancelotti), but Real Madrid made a mistake by being stingy with their spending last season, and they underestimated the conditions they are facing. They have the opportunity to bring in new players in the January transfer window, but they didn't take advantage of it, though they still have enough budget to spend.
That mistake has benefited Xabi at the moment because it is very likely that he will receive a large budget for his project, but that would also automatically put quite a big burden on him because everyone has high expectations of him.
In my opinion, Real Madrid attitude in the January transfer market is indeed full of question marks, they should have recruited one or two new players to get additional strength, because Ancelotti is having a hard time dealing with the storm of player injuries. The policy came at a high price, with Real Madrid failing to achieve success in all competitions this season. Perhaps Ancelotti was thinking at the time that Militao and Alaba would be able to perform at their peak in the second half of the season.
Real Madrid is known for their boldness in paying player release clauses, even for the most expensive players. Maybe in the January transfer market, Real Madrid management has difficulty recruiting the players they are targeting, therefore they prefer to be silent and carry out alternative options by promoting young players to the main squad. Xabi Alonso will certainly get the opportunity to polish the depth of Real Madrid's squad in the future, especially in the defense area.