Real Madrid cannot afford to sign Paul Pogba as the Juventus midfielder nears a move to Manchester United, according to the club's former president Ramon Calderon.
The France international is nearing a world-record £92 million move to United, the club he left in 2012.
Real were also linked with a bid for Pogba, and Calderon believes that the Spanish giants have either been priced out of a move for the 23-year-old, or been rejected by the player himself.
"It looks like he will end up at Manchester United," Calderon said.
"If we bear in mind how Real's president usually does things and the fact Zinedine Zidane wanted this player in his squad - well, either Real don't have enough money to pay or the player doesn't want to go there and prefers United.
"I have had that experience both ways, with Cristiano Ronaldo wanting in and Robinho out. There comes a time that such players are so demanded [they] can choose where they want to play between the clubs that can pay for them.
"Pogba is an extraordinary footballer, outstanding as all the footballing world thinks too. He's a box-to-box player - strong, great dribbling, good passing.
"We will only know if this is a fair price in few years from now. This is supply and demand law, as long as somebody is willing to pay, the selling club will be up for it."
Madrid's only signing ahead of the 2016-17 season has been striker Alvaro Morata, whom they bought back from Juventus.

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