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PSG offer €25 million for Kaka

by Staff Writer | Posted on Monday, May 21st, 2012

French club Paris Saint-Germain is reportedly set to make a one-time, all cash, €25 million offer for the Brazilian.  

This may prove to be the ultimate bargaining chip as Los Blancos would get immediate cash return over installments, which would help ease the disappointment from the €64 million paid to AC Milan in 2009.  

Real Madrid are seemingly content with the amount as the player is 30 years old, has underperformed, and has earned €31.5 million in each of the three seasons he has been at the Santiago Bernabeau.

Selling Kaka allows Real Madrid to immediately use the cash to partially pay off the principal to Bankia.

Bankia currently on the verge of bankruptcy holds the loan used to buy Kaka and Cristiano Ronaldo, and has recently revealed that Real Madrid have yet to pay any principal on the three-year-old loan, instead have only paid interest.

Real Madrid is also eager to dispose themselves of the remaining three years of Kaka’s contract, which would cost the club a total of €30 million.

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