Reece James, the highly regarded Chelsea defender, has caught the attention of Spanish giants Real Madrid. Despite their long-standing interest, James recently committed his future to Chelsea by signing a contract extension until 2028.

Real is always hunting for Reece James

Nonetheless, Real Madrid is keeping a close eye on the situation, as they believe James could become a viable option if Chelsea needs to balance their finances after significant spending in the current season. According to reports from Marca, James could be valued at around 50 million euros (£44 million).

His value never stops increasing

Real Madrid is patiently waiting for an opportunity to secure James on a long-term deal, potentially as a replacement for Dani Carvajal. Their interest remains steadfast even after James’ recent Champions League defeat to Real Madrid. It’s worth noting that President Perez and Real Madrid officials have had their sights set on Reece James for quite some time.

Chelsea’s captain will be the best replacement for Carvajal

Chelsea has recently announced a substantial loss of nearly 140 million euros from the previous season, largely due to the British Government’s punitive measures against former owner Roman Abramovich. During the sanction period, which took place before the club’s sale to the US-based group led by Todd Boehly, Chelsea faced revenue shortages from matches, sales, events, and trade association activities. Since Todd Boehly’s takeover, the club has invested over 600 million euros in new signings, a figure that doesn’t even include future payments.

Chelsea is in danger of being punished by UEFA?

The financial challenges Chelsea is facing might lead to UEFA sanctions if not properly addressed, especially considering the team’s performance on the field hasn’t been as positive as desired. Fichajes has revealed that Real Madrid’s new football project, driven by the club’s management, is actively working to bring Reece James from Chelsea to Real Madrid.

Transfermarkt currently values Reece James at 70 million euros, placing him at the top of the market for right-backs, alongside PSG’s Achraf Hakimi. Furthermore, James holds the second-highest value within the Chelsea squad, with only rookie Enzo Fernandez surpassing him at 85 million euros.