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Tax Reasons Delay Real Madrid’s Announcement of Bernardo Silva Signing

Despite a binding agreement between Real Madrid and Bernardo Silva for the Portuguese star’s move to the Santiago Bernabéu, the official announcement has been put on hold, sparking curiosity among football fans.

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According to Spanish media reports, the official unveiling of the Portuguese playmaker will be delayed until mid-July, following the conclusion of Portugal’s campaign at the FIFA World Cup 2026.

The reason behind this delay is not about Bernardo’s focus on his national team duty, but rather a strategic tax maneuver. The player needs to push the contract signing date as far back as possible to avoid paying hefty additional tax sums.

The Real Cost of the “Free” Transfer

While many believe this is a free transfer, Real Madrid will actually shell out significant bonuses to seal the deal. Both Bernardo Silva and his super-agent, Jorge Mendes, will receive substantial loyalty and signing fees:

  • Bernardo Silva’s Bonus: €10 million.

  • Jorge Mendes’ Commission: €10 million.

  • Total Initial Cost: Around €20 million just to bring the 32-year-old to Madrid.

Furthermore, Bernardo’s net annual salary will be €10 million, which translates to roughly €20 million gross after taxes. This salary package will place him among the highest earners in José Mourinho’s current squad.

Real Madrid’s Busy Summer Window: The Portuguese midfielder is part of a massive squad revamp. Los Blancos have already signed Marc Cucurella from Chelsea for €55 million, Denzel Dumfries from Inter Milan for €20 million, and secured Ibrahima Konaté on a free transfer following the expiration of his contract with Liverpool.