Real haven't collapsed or anything but they had some poor results around Christmas/January. They've got an ageing squad who must now be starting to feel a bit jaded - having achieved everything there is to achieve at club level. Ronaldo and Modric aren't getting any younger. They have great talents lined up and some already in place, but they do seem to be in a state of transition. But still, Real in transition are usually better than 90% of teams at full strength.
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