Bellingham deal Madrid

After finishing the season with three titles — the European Super Cup, the Club World Cup and the Copa del Rey — Real Madrid have already embarked on a summer of change.

Senior figures at the club have concluded they need to accelerate the famous “transition” that manager Carlo Ancelotti has referred to on many occasions. Yes, Madrid won three trophies, but they finished 10 points behind La Liga winners Barcelona and were totally outclassed by Manchester City in the Champions League semi-finals.

In an event at the club's Real Madrid City training complex, club president Florentino Perez called Bellingham "one of the best players in the world" as the former Birmingham City and Borussia Dortmund player posed for photos, before taking questions from the media.

"I can't really comment, I don't know his situation," Bellingham said when asked about Madrid's links with Mbappe. "If anything, my whole saga has taught me that not everything you see is true.

"He's a great player, whatever he chooses to do, all the best to him. Would I like to play with a player like Kylian Mbappe? Who wouldn't?"

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Madrid confirmed the deal to sign the England midfielder -- a deal Dortmund have said is worth an initial €103 million ($111m), with another possible €30m ($32m) due in variables -- on Wednesday.

"The reason I've said it's the proudest day of my life is because it's the greatest football club in the history of the game," Bellingham said. "Not many players get the opportunity to play at such a brilliant, historic club. I feel really grateful."

Madrid beat interest from Premier League giants Manchester City and Liverpool to land Bellingham.

"Money's not a thing for me," he said. "I don't think about money at all when I make these kind of decisions. I spoke with people when I was given permission by Borussia Dortmund; I spoke to [Madrid chief scout] Juni [Calafat] and [managing director] Jose Angel [Sanchez], and I loved the feeling I got... It wasn't the case that the other teams were bad; it's just that, for me, Madrid are the greatest."