It has been busy days for Real Madrid President Florentino Perez, the project to reform the club's stadium and the renaming of the stadium has been causing a stir in the Spanish capital. The cost of each project ranges from 250-300 million euros, and the architects' fees from 7-10% of said costs.
Florentino Perez is negotiating the final name for the stadium, Fly Emirates, Audi and and software giants Microsoft are all vying for their name for the stadium, it is not only the stadium that is keeping the president on his toes, after sealing Cristiano Ronaldo, Diego Lopez and Pepe's contract extension, the president will be focusing on the extension of "The Maestro" Xabi Alonso and recently announced father to be Sergio Ramos.
Real Madrid centre back currently earns 5.5 million euros per annum. Florentino Perez hopes the talented defender retires at the club, Sergio Ramos arrived at the club as a teenager from Sevilla Aand is one of the most important player in the team and will be expected to be rewarded well for his contribution to his team.
Carlo Ancelotti's Mr Fix-it, Xabi Alonso is due for a one year contract extension, The Maestro (Xabi Alonso) return from injury in sensational form, regaining his starting 11 spot at club and country, Real Madrid are willing to rise Alonso's salary to more then 5 million euros per year with a one year extension.
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