According to "Marca" news, Modric is willing to lower his salary to renew his contract with Real Madrid, but Real Madrid has not yet responded.
Modric's contract with Real Madrid will expire next summer. The Croat's plan is to stay at Real Madrid after that. For this reason, he plans to lower his salary to complete the contract extension. Modric's current annual salary is 18 million euros.
At present, Real Madrid has not made any response to Modric's contract renewal, and intends to handle the matter carefully. The current trend is that Real Madrid will provide Modric with a short-term contract.
Modric said in an interview with Corbe Radio yesterday: "Of course I want to stay in Real Madrid. It will make me feel very honored, but it depends not only on me, but also on the club. Well, I think football is right. It’s still important to me."
"I hope to end my career in Real Madrid. If possible, I would like to renew my contract. But I don't want to be a burden for the team and the coach. We have a good relationship and I believe we can reach an agreement and continue to cooperate. Go down, even if you are not on the field."