Arsenal‘s deal to sign Martin Odegaard from Real Madrid permanently looks more and more like a bargain with each passing day, but do the Champions League winners have a buy-back clause?

The Gunners initially signed the Norwegian on a six-month loan deal. That was made permanent in the summer of 2021 for a fee of just £30 million (Daily Mail), and Odegaard has been sensational under Mikel Arteta since.

Real Madrid must be regretting their decision to let him go, but do they have a buy-back clause?

Martin Odegaard buy back clause
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Do Real Madrid have a buy-back clause for Arsenal star Martin Odegaard?

Just a few days ago, Spanish journalist Ramón Álvarez de Mon dropped a bombshell that became a huge worry for Arsenal supporters.

He claimed that Real Madrid included a special clause in the deal that saw Odegaard join Arsenal 18 months ago.

“There is a kind of right of first refusal for Real Madrid that we will see if at some point it makes sense for them to exercise it. Odegaard has just turned 24 and is still at a good age. His talent is special and he spent very little time here,” he said in a video on his YouTube channel.

That really worried us, but Fabrizio Romano has shed some light on the rumours now, and he has eased all our concerns about losing our skipper.

The journalist wrote on Twitter today: “Real Madrid don’t have any buy-back clause for Martin Odegaard. He’s in love with Arsenal project.

“It was club director’s Edu masterpiece in 2021. Real Madrid did not want to sell Martin in June/July, Arsenal waited… until they got the green light for less than €40m.”

The Insider’s View:

Thank God for that!

If Real Madrid really did have a buy-back clause for Odegaard, we’re sure they’d trigger that and resign him this year after how incredible he has been for Arsenal.

The 24-year-old is a sensational footballer. He makes us tick in attack, and he is one of the biggest reasons why we’re on top of the Premier League table.

Thankfully, Real Madrid can’t do anything but regret their decision now, and we hope Odegaard will stay at Arsenal for many, many years.

Martin Odegaard buy back clause
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