Football FanCast columnist Tristan Mann feels that Florentino Perez has failed to learn his lesson from his last stint in Madrid.
The announcement of Kaka's world record breaking transfer (In Pounds Sterling, at least) to Real Madrid this week for £56 million has verified new President Florentino Perez's vision for a second era of galacticos.
Kaka's name can now be ticked off Perez's wish list and the Spaniard's focus will switch to secure the signatures of Cristiano Ronaldo, Franck Ribéry and Xabi Alonso. Perez seems keen to repeat the antics of his last stint as Real Madrid President, which saw the signings of Zinedine Zidane, Luis Figo, Ronaldo and David Beckham for well over £100 million.
However, while Perez created perhaps the most envied team on paper, the original galacticos achieved only a modest trophy return for the amount spent. Two league titles, two league cups and one Champions League did not represent the kind of success Perez had wanted or expected to see from his six reign.
Now the canny business man is back. This is not only worrying news for any other club who possess a player deemed to be galactico material, but potentially for the club itself, as Perez does not seemed to have learnt from any of the lessons of last time.
Judging from the Madrid of last season, what is desperately needed is stability above all, as well as a world class centre back. While the appointment of new manager Manuel Pellegrini may add some much needed level-headed management, Perez has made no hints about any need to strengthen the defensive frailties that blighted Madrid last season, most notably in the Champions League against Liverpool and in the humiliating defeat to Barcelona in the league.
Indeed, Perez is unashamedly looking to construct a new team which will, again, be packed to the gills with world-class attacking talent, but most probably not much else.
The main problem with the last era of galacticos was the fact that the star players were bought after they had been at their peak, with the possible exception of Zidane. Ronaldo had been hampered by knee problems, Figo was pushing 29, and Beckham had never been more effective than he was in the 1998-1999 treble winning season for Manchester united Added to this the new signings created a ‘them and us' mentally within the squad, and it was always going to be a disaster.
If Perez gets his way and obtains Ronaldo and Alonso to play alongside Kaka, Gonzalo Higuain, Lassana Diarra and Mahamadou Diarra, it would undoubtedly be a spectacular line up, with many of its star players either reaching the peak of their powers or being there already.
However, there is the problem of team cohesion that was a major issue of the last Perez era. With Kaka now on a wage way above what any of his team mates earn, will this lead to resentment from the ‘lesser' deemed players in the squad?
That will be a problem for a couple of months down the line after Perez has completed his summer shopping, but whatever happens it is a certainty that the upcoming transfer market is going to see money being thrown left, right and centre, from both Madrid and Eastlands.