The shift in tone off the pitch has coincided with talks reopening on the financial side. Vinicius earns €15m gross per season under his current deal, and although his initial objective was to match or surpass Mbappe’s figures, Mundo Deportivo now indicate that he is prepared to accept significantly lower terms than his earlier €30m target.
His willingness to compromise stems from several evolving factors. His form has dipped, with just 11 goals in his last 40 league and Champions League appearances, reducing the leverage he once held. At the same time, no major European club has made a concrete approach for him, despite speculative links to Manchester City, Chelsea and Paris Saint-Germain, which has further softened his negotiating position. There is also a growing understanding within his camp that Madrid remain the club best positioned to maximise his long-term potential and keep his Ballon d’Or ambitions alive. Most importantly, the tension with Alonso appears to have cooled after recent conciliatory gestures, removing one of the biggest emotional obstacles to signing a new deal.
Together, these developments represent the first real breakthrough in more than two years of stalling negotiations. The player and the club are now described as aligned once again, with both sides optimistic about reaching a final agreement in the coming months. It is also a crucial moment, as Vinicius would be free to negotiate with other clubs from January 2027, once he enters the final six months of his existing contract, a scenario Los Blancos are determined to avoid at all costs.