It will be a tough job for Real Madrid, too many key players are injured, but strangely Florentino Perez still shows no interest in recruiting new players. I mean Madrid is financially stable and what's wrong with a little extravagance in buying players for the good of the club. Don't be surprised if Real Madrid in the Champions League suffers bad luck after losing badly at Anfield. Being in 24th place in the standings is enough to give the coach a red light.
They just got Mbappe who they gave a signing bonus and receives a high salary. Vinicius also receives a high salary, so it's not easy to get another expensive player that will get a high salary. If you notice, Madrid is eyeing a lot of free players next summer like Arnold, Davis and a few more. They want to use that strategy to balance the books. The media not focusing on it doesn't mean they have the luxury to sign whoever they want, they're just in a better place than Barcelona.
Madrid has a lot to do if they want to have a very good team again. The midfield they have is not good enough. They have ball winners in the midfield, but they're not creative enough and they're not press resistance enough so when they get the ball, if the opponent presses them, they'll either lose it or not do anything meaningful with it. They need a defensive midfielder like Rodri and a CM like Kroos, but I wouldn't mind if they go for a more creative attacking midfielder like Wirtz and join him with Camavinga and a DM in midfield. Even their defence needs a lot f work. They need another CB, they need a RB and a LB. Mendy is not good enough and Cavajal is old and injury prone. Its achievable if they put their mind to it.
Right now, what could have saved Madrid is if the front 3 of Vini, Mbappe and Rodrygo clicked well and all on top form, but unfortunately, only Vini has shown that he's ready to carry the weight of Real Madrid.