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Real Madrid president Florentino Perez insists there will be NO major signings this summer

Real Madrid president Florentino Perez has insisted that there will be no major signings for the La Liga champions this summer.
Zinedine Zidane's side were confirmed as the winners of the Spanish top-flight on Thursday night having defeated Villarreal 2-1 at the Estadio Alfredo Di Stefano.
But if the Los Blancos manager is hoping for some additions this summer then he will be disappointed to hear his president's comments who claims the coronavirus pandemic has had a detrimental impact on the club's finances.

Perez told El Transistor on the back of wild title celebrations: 'No (there won't be big signings this summer).
'The situation is really bad. It's hard to ask the players to take a pay cut to help deal with it and then make signings. That can wait.
'Madrid will sign the best again when the situation changes.'
The LaLiga champions are known for making a 'Galactico' signing every summer in which one of Europe's biggest stars moves to the Bernabeu.

One of the names they have been linked to is Bayer Leverkusen star Kai Havertz and Perez's comments will be a major boost for Chelsea who have been competing with Madrid to sign the German international .
Havertz wants to join Chelsea next season despite interest from the likes of Manchester United and Madrid, according to reports in Germany.
The German midfielder has wowed fans in the Bundesliga this campaign after netting 18 goals and providing nine assists - helping his club to a top five finish.
His standout season has turned a number of heads across Europe and it appears unlikely Leverkusen will be able to hang on to him after missing out on Champions League football.

And now the 21-year-old has made the decision to move to Stamford Bridge ahead of other potential suitors, according to German outlet Kicker, via the Sun.
It looks as though Madrid will have to rely on Karim Benzema again next season after he scored twice and moved to within two goals of Lionel Messi as LaLiga’s top scorer on Thursday.
The Frenchman even scored a Johan Cruyff-style penalty when Sergio Ramos passed to him from the spot but he had encroached in the area and the kick had to be retaken.