Haaland’s contract has an unusual release clause that will go into effect next year.

According to sources, REAL MADRID are still interested in signing Manchester City attacker Erling Haaland.

For some years, Los Blancos have been keeping an eye on the Norway international.

Last summer, they wanted to sign him from Borussia Dortmund, but City won the transfer battle.

Haaland had a historic first season in England, winning the treble with Pep Guardiola’s Manchester City.

He also had the most Premier League goals in a single season, beating Andy Cole and Alan Shearer.

The striker’s amazing form has piqued the interest of other clubs, with Real Madrid potentially considering a deal.

The LaLiga giants are already aware of his release clause, according to Spanish source AS.

Haaland’s contract apparently has a £171.6 million (€200 million) release clause that will go into effect next year.

However, the clause’s value is slated to decline in each transfer window after 2024 until his contract expires in 2027.

Real Madrid is closely monitoring Kylian Mbappe’s present predicament at Paris Saint-Germain.

Mbappe’s contract expires in June, but he might opt for a one-year extension.

The Frenchman has yet to decide on his future, but according to AS, Real Madrid wants an answer by January 15.

Los Blancos will have the opportunity to negotiate a free move with Mbappe next month.

If the forward agrees to a move, Real Madrid intends to act quickly by presenting a contract proposal to his agent.

The La Liga powers tried to get Mbappe in 2022, but he surprised everyone by signing a two-year deal with PSG instead.

He also turned down a world-record bid from Al-Hilal this summer, as the Saudi Pro League club accepted a £259 million bid.