Pellegrini will cost Real Madrid €4m

The Chilean coach has been linked with a move to replace Juande Ramos as Real Madrid coach this summer.

Villarreal chairman Fernando Roig told Cadena SER: “His buy-out clause is €4 million.”

“One must respect these clauses. Contracts are there for a reason.”

“He has told me that nobody has contacted him,” stated the chairman.

“He said that nobody believes him, but I do. He assured me that he is happy here.

“Of course, it would excite anyone to go to Real Madrid.”