- Luka Modric’s contract with Real Madrid expires in summer of 2021
Spanish media is reporting that Luka Modric is willing to take a salary cut in order to extend his contract with Real Madrid. The current contract between the player and the club expires in 2021.
Modric has shown incredible form during Real Madrid’s superb title run after the confinement and at the start of the new season. But age is slowly catching up with him, and both Luka Modric, 35, and the club need to reach a decision whether to extend his contract or not.
For Modric, a new contract would mean that he might retire at Real Madrid. He will be 36 by the time the next season starts, and we’ve rarely seen players of that age keep playing at top clubs like Real Madrid, where the pressure and expectations to perform are incredibly high.
We take a look at the pros and cons of a possible contract renewal.
Experience: Modric has all the experience in the world and to a club with so many young players in their roster, an experienced guiding hand could be very useful in the long term. Players like Odegaard and Fede Valverde can benefit by learning from a veteran like Modric.
Performance: Despite his age, Luka Modric’s performance hasn’t really dropped. If Zidane can properly manage his minutes, Luka Modric can still deliver high-level performances.
Willing to accept salary cut: Depending on how big the cut is, it could make financial sense for the club to keep a player that can (and is) still performing well. If Modric demands a one-year contract, which would keep him at the club until 2022, then it makes sense for Real Madrid to accept that.
Respect the legends: Top clubs rarely allow players to retire with them, especially when the player wants to play past 34. But times are changing and the players are able to stay fit for much longer now. Sergio Ramos and Modric are just two examples of this. Keeping players like them and allowing them to retire (assuming they don’t overextend their careers), would be a great sign of respect for them.
Risk of injury: While Modric has rarely had troubles with injuries, age catches up with everyone and Modric is no exception. Proper minute management is required in order to keep him fresh and healthy so that he can contribute to the team’s goals.
Two-year contract: If Modric demands a two-year contract, which would keep him at the club until 2023, then that doesn’t make much sense for Real Madrid. The club can make a bet that he will perform for one more season, but making that bet for the next two seasons is too risky.
Setting a dangerous precedent: Real Madrid very rarely keeps players who are near retirement. It might sound cold, but it goes against the club’s mission to compete for everything. As many fans put it “Real Madrid is not a retirement club”. If Modric is given an extension, then Real Madrid might face similar “problems” in the near future.
One thing is clear, whatever both parties decide to do, it will be done with the utmost respect and understand and with the best interest of both parties in mind. As fans, we would be happy to see him retire with us but we would also be happy for him if he were to get an offer from elsewhere that makes financial sense for him.