Real Madrid saved a lot of money by terminating Eden Hazard's contract.

The sum saved by Real Madrid by terminating the contract of winger Eden Hazard has been revealed.

On Saturday evening, Real Madrid mutually terminated Hazard's contract.

Real Madrid stated on their website, "Real Madrid CF and Eden Hazard have reached an agreement whereby the player will be released from the club as of June 30, 2023."

“Real Madrid wants to express its affection for Eden Hazard and wishes him and his entire family the best of luck in this new stage.”

However, according to football transfer guru Fabrizio Romano, Real Madrid saved €7million by terminating Hazard’s contract.

Romano tweeted on Sunday morning: “Real Madrid will save almost €7m after terminating Eden Hazard’s contract on mutual agreement.

“Hazard has given up part of the salary he was due to earn.”

Hazard had endured a nightmare spell at Santiago Bernabeu since joining Real Madrid from Chelsea in 2019.

The Belgian failed to live up to expectations from when he signed for the La Liga giants.

During his four years in Spain, Hazard won the European Cup, Club World Cup, European Super Cup, two Leagues, one Copa del Rey and two Spanish Super Cups.

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