Real Madrid managed to cut their wage bill by a substantial 10% in order to fund the wages of David Alaba - who left Bayern Munich on a free transfer before agreeing a move to Spain.The versatile Austria International, who can play in both the centre and left of defence as well as in midfield, fancied a new challenge following nine consecutive Bundesliga titles.The 28-year-old has agreed to join Los Blancos on a five-year deal, which is said to be worth an astonishing £400,000-per-week, despite the concerns over finances at the club.Before that deal was confirmed, Real managed to free up funds by reducing the wages of their current stars in extending their contracts, one of which being Luka Modric.According to Spanish outlet Marca, board.
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