Real Madrid are keeping close tabs on Rayan Cherki’s situation at Manchester City, and now they know exactly what it will cost to bring the French winger to the Bernabéu — a cool €90 million. That’s the figure City are reportedly demanding from any interested party, with Los Blancos and PSG identified as the two clubs leading the chase, according to a report from Fichajes, citing CaughtOffside.
What’s Going On at Man City?
The backdrop to this story is one of the most dramatic sagas in Premier League history. Manchester City have been found guilty of multiple financial rule breaches by the Premier League, and the potential consequences are severe — up to and including relegation from the top flight. With that sword of Damocles hanging over the Etihad, it’s no surprise that speculation about the futures of City’s top talents has been running red-hot across the European press for weeks.
Cherki, the gifted young Frenchman who moved to City and has been catching eyes ever since, is naturally among those whose name keeps coming up. When a club of City’s stature faces potential existential consequences, their best players will inevitably attract a queue of elite suitors — and Real Madrid, as ever, are near the front of that queue.
Why Cherki Makes Sense for Real Madrid
From a purely footballing standpoint, Cherki is exactly the type of profile that has historically excited Real Madrid’s recruitment department. Blessed with technical quality, creativity, and the kind of directness that makes him a nightmare for defenders, he fits the mould of a Galáctico-era signing in terms of star potential — but perhaps more importantly, he’s young enough to develop into a generational player under the right guidance at the biggest club in the world.
Real Madrid have long prioritised signing players in their early-to-mid twenties who can grow into long-term cornerstones of the squad. Cherki, still with much of his career ahead of him, slots neatly into that philosophy. Florentino Pérez and his scouting network have never been shy about moving early when they identify a target they believe in, and the fact that the club is already clued up on the €90m asking price suggests this is more than idle curiosity.
The competition from PSG is real, though. The Parisians have their own historical pull for French players — the prospect of playing in front of home fans in Ligue 1 can be a powerful draw. Real Madrid’s pitch, however, remains unique: La Liga, the Bernabéu, a squad built to compete for Champions League titles every single season. For an ambitious young player with Cherki’s ceiling, that argument is hard to top.
What Happens Next?
Much of this hinges on what punishment the Premier League ultimately hands down to Manchester City. If the club are relegated, a fire sale becomes almost inevitable and Real Madrid could find themselves in a strong negotiating position. If City somehow avoid the worst-case scenario, holding onto their best assets becomes far more likely — and that €90m tag could represent a firm floor rather than a negotiating opening.
For now, Real Madrid appear content to monitor, gather intelligence, and be ready to move decisively when the moment is right. That patience-then-pounce approach has served them well in the transfer market before, and Madridistas will be hoping this particular piece of business reaches the same conclusion as so many blockbuster signings that started with exactly this kind of low-key, behind-the-scenes watching brief.
Keep it locked on RMxtra for updates as the Man City situation develops and Real Madrid’s pursuit of Cherki potentially picks up pace.
Real Madrid Close In on Latif Ismann Academy Signing · More Transfer news
For official club updates, visit Real Madrid’s official website.

