Real Madrid Prepare £178 Million January Spending Spree After El Clasico Defeat

Real Madrid have now fallen 14 points behind La Liga leaders and bitter rivals Barcelona after their embarrassing 3-0 El Clasico defeat.

The Galacticos started brightly but eventually succumbed to Barca’s supreme attack in the second-half at the Bernabeu, with Luis Suarez, Lionel Messi and Aleix Vidal all scoring.

Dani Carvajal was also sent off as Ernesto Valverde’s men ran riot to extend their lead at the summit to nine points over second-placed Atletico Madrid.

Such a heavy defeat has now prompted Real president Florentino Perez to prepare a £178 million January spending spree, in order to bolster Zinedine Zidane’s squad.

Zidane’s position at the club is set to come under scrutiny over the winter break, despite the success he has achieved since arriving as manager.

But the club’s president is reportedly set to offer him a huge war chest in order to boost season prospects and help get back on track next year.

Los Blancos have fallen well off the pace domestically but they are performing strongly in Europe, as they seek a historic third consecutive Champions League victory this current campaign.

The Spanish giants spent modestly by their standards last summer, when they only acquired youngsters Theo Hernandez and Dani Ceballos.

This winter, though, Real have their eyes on securing the services of many high-profile names, with all of Pepe, James Rodriguez and Alvaro Morata having moved on last summer too.

Athletic Bilbao goalkeeper Kepa Arrizabalaga is believed to be a key target, while Italy defender Leonardo Bonucci could arrive from AC Milan.

But the most prestigious name in the works is Inter Milan captain Mauro Icardi, with the clinical Argentina striker linked with a massive £89 million switch from the San Siro.

As is the nature of the January transfer window, Real may be forced to overpay for their targeted stars, but they have plenty of funds to spend as they seek a boost in personnel.