Florentino Perez has suggested that Ricky Kaka’s move to Real Madrid has not been a failure, at least financially, and denied trying to sell him this summer.
The 30-year-old was at one stage heavily linked with a switch back to Milan, the club that Los Blancos paid €65m to in 2009 for the player’s signature.
Speaking at Real Madrid’s general assembly today, Perez rejected the notion that the club were prepared to lose him this summer, nor that he has been an expensive mistake.
“Kaka has provided us with a lot of money. When we made that heavy investment we knew he would provide us with a lot of revenue,” he told club members.
“Economically, from this point of view, it has turned out pretty good.
“We have never said that we wanted to sell Kaka, nor have we tried to sell him. He is an asset that has already repaid his investment. This is his fourth year and he has two more.”
Perez has also spoken of proposed plans on new stadium work, ratified changes on qualifying elements for potential presidency candidates and reiterated his strong relationship with Coach Jose Mourinho.
