Lorenzo Sanz: I wouldn't spend half a Bernabeu on Mbappe Transfer Market - Real Madrid The former president has spoken

Lorenzo Sanz helped deliver Real Madrid back to the top of European football, but the former president has called for caution in the pursuit of Kylian Mbappe.

His tenure in charge at Madrid ran from 1995 to 2000, during which time he guided the club to two Champions League wins, ending a 32-year wait for European success and he's not convinced that the French forward is worth the financial outlay it would take to sign him.

"I wouldn't spend half a [new Estadio Santiago] Bernabeu on Mbappe," Sanz said to Radio MARCA.

"You're negotiating with a team that only has money. The world won't end if Madrid don't sign Mbappe."

The season has been hard for Madrid, who will end the campaign without any silverware, but Sanz issued a reminder that things can get worse than having won four of the last five - soon to be six - Champions Leagues.

"This is a year of transition wherein Madrid won't win anything," he explained.

"But we mustn't forget that we went 32 years without the Champions League. It's very difficult to win."

The Bernabeu's facelift is set to start this summer, something that Sanz is welcoming.

"Everything that's an improvement is a good thing," he continued.

"If we think about the stadium you see how everything has changed. It's a great project.

"The Bernabeu is the best place in Madrid."