Yeah, this is clearly Florentino's wet dream - the new Galacticos. I don't know whether he can pull it off but I wouldn't count him out. Real have a ton of wages coming off their books next summer (most notably Bale, Marcelo, and Isco). That is like a million per week right there that could be reallocated toward Mbappe and Haaland. La Liga also just cut a deal with a private equity partner that, if ratified, is likely to see Real receive an immediate cash infusion of about 250m euros. And overall they just aren't in nearly the same dire financial shape as Barcelona. They don't have same long term albatross contracts (especially after the 2022 deals come off the books), they don't have the same accounting nightmares with huge transfer fees from the past still counting toward on-the-books expenditures in the future, their debt is not as high (although still high) and far less of it is short term, and they actually have players they can sell (whereas Barca have virtually no sellable players except untouchables like Pedri or Fati).