Real Madrid may be on the verge of abandoning a high-profile transfer target. Despite Álvaro Carreras being the club’s first-choice left-back signing, Los Blancos are refusing to pay the full €50 million that Benfica are demanding — and are reportedly ready to walk away from the deal entirely.
Agreement with Carreras — But Not with Benfica
Recent reports suggested that Carreras had already agreed personal terms with Real Madrid, and that the transfer was close to completion. However, negotiations have stalled due to the Portuguese side insisting on Carreras’ full €50 million release clause.
According to Marca, Benfica are open to a flexible payment structure, but are unwilling to lower the total amount. Real Madrid, on the other hand, are maintaining a hard stance — they don’t believe Carreras is worth the full fee, and are not afraid to lose out on the player if Benfica do not compromise.
Pressure from Manchester United’s Sell-On Clause
Adding more complexity to the deal is the fact that Manchester United are set to receive a significant percentage of the transfer fee due to a sell-on clause in Carreras’ contract. This has further motivated Benfica to maximize their earnings.
But Real Madrid have made it clear: they will not be overpaying.
Alternative Left-Back Options for Real Madrid
With the deal in jeopardy, other left-back options are already being explored. One potential candidate is Miguel Gutiérrez, formerly of Real Madrid Castilla and currently shining at Girona. Los Blancos hold an €8 million buyback clause for him, making this an attractive and cost-effective option.
Another name is Alejandro Grimaldo, the former Barcelona youth product who has thrived under Xabi Alonso at Bayer Leverkusen. Grimaldo is reportedly open to joining Real Madrid, and his familiarity with Alonso’s system could give him an edge.
Club World Cup Deadline Looming
Time is also a factor. With Trent Alexander-Arnold and Dean Huijsen already signed, Real Madrid want to finalize their defensive reinforcements before the FIFA Club World Cup begins.
If Carreras does not arrive soon, it seems likely that Grimaldo could become the priority instead.
MadridistasZone view:
It’s smart that Real Madrid are not letting pressure push them into overpaying. Carreras may be talented, but with Gutiérrez and Grimaldo as options, the club has alternatives who are not only cheaper but also proven. A move like this shows that Madrid are being disciplined in the market — and that could be the key to long-term success.