The halls of Santiago Bernabéu were rocked following confirmation that Vinícius Júnior has rejected Real Madrid’s latest contract extension offer. The revelation was made by club icon and former sporting director Predrag “Pedja” Mijatovic during an appearance on Spanish radio show El Larguero on Cadena SER.
According to reports, Florentino Pérez’s board offered an extension through 2031 with net wages around €22 million per year—a figure comparable to what Cristiano Ronaldo earned during his final years in Madrid. However, the 26-year-old winger’s management team is holding out for terms closer to the top tier of the dressing room, currently held by Kylian Mbappé (€30 million net annually).
| Parameter | Current Situation | Real Madrid Proposal | Player Demand / External Interest |
| Contract Expiry | June 2027 | Extension to 2031 | 5-Year Long-term deal |
| Annual Net Salary | ~ €15M to €20M net | €22 million net | €28M to €35M net |
| Squad Status | Primary Winger & Leader | Shared top-tier hierarchy | Undisputed focal point in Premier League project |
| Clubs Involved | Real Madrid | Real Madrid | Arsenal FC |
Mijatovic delivered a stern warning to the Brazilian star, reflecting on his own departure from the club as well as those of past superstars:
“We already know what Real Madrid offered, and Vinícius turned it down. At this stage of the summer with his contract winding down, everything indicates he isn’t keen on renewing right now. But let me be clear: it is far better to be second at Real Madrid than number one anywhere else in the world. It is very cold outside Real Madrid. I’ve heard this story 1,500 times before, and a month after leaving for London or Paris, players realize they made a mistake leaving for two or three million more.”
— Pedja Mijatovic, speaking on El Larguero (Cadena SER).
The critical factor for Real Madrid is the timeline. With Vinícius’s current deal expiring in June 2027, the club enters the decisive 12-to-18-month window. Under Florentino Pérez’s historic transfer policy, players who refuse extensions in this timeframe are typically put on the market to avoid losing them on a free transfer.
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