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By ESPN Staff

Boca want over €20m from Real for Gago

MADRID, Dec 17 (Reuters) - Boca Juniors president Mauricio Macri arrived in Madrid on Saturday to negotiate the sale of Fernando Gago to Real Madrid saying he wants over 20 million euros ($26.22 million) for the highly rated midfielder.

'We have to talk everything over with Real Madrid so that we can agree the Gago transfer,' Macri was quoted as saying in the Spanish media on Sunday.

'I told them not to make me travel unless they were ready to be flexible in the negotiations.

'Real Madrid earn 40 times more than us from their television contracts and their income is 15 times higher than Argentine clubs. I hope that such a powerful club will be able to satisfy the expectations of Boca who want 22 million euros for the player.'

Real, who signed Argentine striker Gonzalo Higuain from Boca's arch-rivals River Plate on Thursday, have made it clear they see Gago as an important part of their future plans.

'We need him, if not we wouldn't be signing him,' coach Fabio Capello told a news conference on Saturday. 'We've got good players but we will sign if it is to improve the squad.'

The 20-year-old was a key part of the Boca team that was pipped to the Apertura championship by Estudiantes in a playoff this week and has been compared to Argentine midfielder Fernando Redondo who played for Real between 1994 and 2000.

Macri met Real president Ramon Calderon late on Saturday after arriving in Madrid and transfer negotiations are expected to continue on Sunday.