Real Madrid set to walk away from possible Alonso transfer

Apparently Real Madrid do have a limit when it comes to spending loads of funds on world class transfers. That would seem to be the case with Xabi Alonso. The Liverpool midfielder was being valued at £35m by Rafa just this week, and whilst we all hoped Real Madrid wouldn't bite on the price, some of us (myself included) wondered if they'd splash the cash once again for someone who could "channel the play" on the pitch.

Related

• Transfer Rumors (1 July 09): Real Madrid sign Lyon’s Benzema, Barcelona in 25m bid for Liverpool’s Mascherano, Manchester United after Gignac and Kacar, and
• Melo appears to be gone so who should Arsenal sign? Arsenal-highlights finds out..
• Real Madrid To Drop At Least 7 Players After Spending Big
• Transfer Rumors (5 July 09): Eto’o would drop demands for Man United move, Liverpool target Inter Milan’s Cambiasso, Chelsea to bid for Real Madrid’s Snei
• Benzema, Ribery and Melo – All Arsenal Bound!
• Transfer Rumors (4 July 09): Manchester City to offer Chelsea’s Terry £200k per week, Everton after Man United’s Scholes, Tottenham in talks for Liverpool
• Liverpool to enter bid for £38M striker
• Transfer Rumors (23 June 09): Chelsea to sign Man City’s Sturridge, Man United to bid for Atletico Madrid’s Aguero, Arsenal’s Adebayor offered to Milan ri