Real Madrid won't be able to make any signing this season. It's a members owned club, which means it runs on money it makes. With no entrance fee, Bernabeu tour also halted, no pre-season that normally bring about 150-120m, we are only left with sponsorship deals, memberships money, TV rights, and player sales, to run a football team, basketball team, women team, and youth sections.
We'll come out okay in a year or so, considering our main rivals are doing far far worse. We have a young and promising squad that can contend for everything out there.