Talking about transfer strategy, Florentino Perez is considered one of the best, we can see how the Real Madrid President brought in Mbappe on a free transfer. Los Blancos have a good bargaining value in the eyes of any player, every player certainly has a desire to join Santiago Bernabeu. Simply put, Ancelotti only needs to submit a proposal, the President will take care of everything. Overall, it cannot be denied that Florentino Perez and Ancelotti are quite genius in their respective roles. In my opinion, Real Madrid will recruit new players in the January transfer market, it is an urgent need, due to injuries to a number of players.
Florentino Perez knows well how to make a smart deal with new players. He doesn't hurry to sign new players, he only sign players who has reasonable prices (transfer fees). When Mbappe has transfer fees above €200m, Florentino Perez prefers to wait for his contract expires. Perez doesn't blindly sign a player with overprice.
Sure. Real Madrid has a great popularity. Almost every player has a dream to join Real Madrid. So, it is not difficult to bargain the salary and attract the new players joining Real Madrid. In same cases, Real Madrid successfully reached the personal agreement with the new players before Real Madrid gets an agreement about the transfer fees with their clubs.
Ancelotti is a typical coach who wants to sign a player if it is very needed only. However, with many injured players, it is possible that Ancelotti tries to sign new players in the next transfer windows. At least, Ancelotti needs new players in defense line. Militao, Carvajal, and Tchouaméni seems to take a rest for a long time. These players need the replacement because the season is still far from the end and Real Madrid still has many big matches.