Real Madrid are resigning themselves to losing their long-term target Alphonso Davies, who is reportedly close to agreeing a new deal with Bayern Munich. However, there is more confidence in the case of Trent Alexander-Arnold, who is also out of contract at the end of the season.
Within a couple of weeks, Real Madrid will be able to officially offer a pre-contract to Alexander-Arnold. Liverpool are desperate to avoid losing the right-back on a free transfer and as such efforts are being made to ensure he signs a new contract as soon as possible.
So far, Liverpool and Alexander-Arnold have been far apart in their contract negotiations. However, reports in England (via Sport) now say that Premier League leaders have put forward a new proposal that would see the 26-year-old earn a salary of around €20m a year; This is much more than what he earns now. .
This is also likely to be more than Real Madrid would offer, as players such as Vinicius Junior and Jude Bellingham are believed to earn less than this currently. However, club bosses may decide that it is worth spending a lot of money in terms of wages, especially as they would save on a transfer fee.