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Real Madrid manager Carlo Ancelotti has dismissed reports of a Saudi Arabian offer for Vinicius Jr as “pure speculation.”

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According to Relevo, Saudi Arabia’s Public Investment Fund (PIF) has proposed a €1 billion deal over five years for Vinicius Jr, offering €200 million annually if he leaves the La Liga champions.

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However, Ancelotti, speaking ahead of the Super Cup match against Atalanta, asserted that the rumors are unfounded.

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He stated, “I can guarantee there’s nothing to it. It’s pure speculation.”