Gary Neville has been left stunned by Liverpool raking in £10million for - despite the full-back only having one month remaining on his contract. .
Alexander-Arnold, 26, heads to the Spanish capital to . Real have been keen to secure his signature early, and .
The new star has signed a six-year contract at the Bernabeu and Les Merengues handed an £8.4m fee. The Reds also save a month of Alexander-Arnold's salary as Real Madrid pick up the tab to see the Anfield side earn a tidy £10m package.
The Spanish giants will be relieved to have a right-back at their disposal having seen Federico Valverde and Lucas Vasquez fulfill the role after Dani Carvajal was ruled out for the season. will be able to call upon Alexander-Arnold from the beginning of his tenure.
Ex-Manchester United captain and Salford City co-owner Neville is in disbelief at the deal. Though, he can understand the thought process the Club World Cup hopefuls went through.
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"Honestly, no, I mean, I’m stunned by that really, that £10m has changed hands for, but there is £100m pounds at stake in this World Club Championship and Real Madrid have got a great chance of doing it," he said on the .
"So you imagine if he plays in this tournament, they haven’t got a right back that’s playing there naturally at this moment in time. So it could be money well spent in four or five weeks.
"I just find it crazy that you’re spending £10m to have a player for five, six games. It’s incredible."

Neville has been impressed with Liverpool's work so far this summer. The Reds have and look set to add Florian Wirtz and Milos Kerkez to their ranks too.
He said: "I think when you’re talking about winning the league, what is it that improves you? I mean, the only thing that’s going to improve you when you win the league is signing world-class players, or players that have got the potential to be world-class players. So signing Wirtz is fantastic.
"Frimpong and then there’s talk of Kerkez as well, deals with their right and left-back situations. So to get those three done, if they were to get those three done quite quickly, would be smart business. But I wouldn’t have expected anything else from Liverpool.
"Maybe slightly surprised that they’ve gone so heavy on Wirtz in terms of the fee. They don’t normally go that big, but Slot deserves it, by the way. He waited 12 months for a player to sign."
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