Yea, but the run with Zidane exists. And Zidane is now back to being Madrid's manager. They have the edge in CL imo. We have the edge everywhere else, in the league, Copa, and in direct duels.
Of course it exists but it is worth noticing that even despite that freak/insane CL run, they are barely in front in terms of CL's won in the past 30 years (ever since we implemented the Cruyff model with Cruyff at the helm we have been a totally different club) and they are MILES behind domestically (leagues and CdR won and everything else, including those lesser trophies).
Zidane is back but in a totally different reality with 80% of those crucial to those CL wins being either gone (most important by far being CR7) or well above 30 and declining rapidly. They are bound to decline in terms of CL success. No other way around it. While we have underperformed since 2011 and are bound to start winning again in particular given some of the incredibly talented youngsters that we have acquired recently and probably will continue to require. Messi is still here as well and has 2-3 seasons left at an incredibly high level if everything goes according to plan.
So not sure if it is a given.
Point being that nothing points to us being out of the race should Mbappé decide to leave and him moving to RM is nowhere close to being a certainty. Not even sure that he will be the biggest talent/best player when he decides to leave. Most likely not as argued before already. In any case we should go for him if there is a chance of him moving. Can't see it though as PSG are here to stay until the Qataris get bored.
With us likely getting a new board in 2021 (say Font), I expect us to outclass RM financially considering the fact that we have almost closed the gap entirely while being behind enormously just 15 years ago. Catalans and Catalonia are the beating economic heart of Spain (alongside the Basque country) for a reason and making money is something that Catalans tend to do better. Florentino leaving (the guy is 72 years old) will be a huge blow for RM as I can't really see any genuine successors that are even half as good. They will face a much harder time replacing Florentino than when we had to replace Laporta.