The Real Madrid hangovers will hardly have cleared after their league title celebrations, yet already the transfer speculation is at full tilt.

Will Fabio Capello continue as Real coach? Will president Ramon Calderon let go long-serving professionals like Michel Salgado and Ivan Helguera and launch a new Galactico era? Will the two goals score by Jose Antonio Reyes against Mallorca be enough to secure his future at the Bernabeu?

Over in Barcelona, the daily Sport is already trailing transfer bids for Thierry Henry, Cristian Chivu, Eric Abidal and Yaya Toure.

Barcelona president Joan Laporta gave his backing to coach Frank Rijkaard on Monday, while also saying that Ronaldinho and Samuel Eto’o are part of the planning for next season.

Capello may not be so secure in his post. History shows us that just winning the title is not necessarily going to be enough. Remember, the Italian walked out of the club after his first title-winning season in 1996-97. The following year Jupp Heynckes was sacked after guiding Real to the European Cup for the first time in 32 years and in 2003 Real ushered Vicente del Bosque out of the door after securing the league crown.

As for the transfer situation, comments from Kaka appear to suggest that even the 80 million euros Real are reportedly prepared to bid would not be enough to prise the Brazilian away from Milan. Given that Barcelona are not going to sell them either Eto’o or Ronaldinho, and Cristiano Ronaldo has just signed a new contract at Manchester United, it seems unlikely that a true Galactico will be coming.

Simon Baskett, Madrid

Kevin Fylan adds: If Real Madrid and Barcelona want to make life easier for themselves over the close-season there is one simple solution that might work for both of them. Barcelona could do with a bit more discipline next season, as Joan Laporta recognised on Monday, while Real fans, though grateful for the success, have consistently demanded a more attractive style of play.

Frank Rijkaard had Barca playing the best football in Europe last season, and when it comes to discipline Capello is the master. So the question is, should Barcelona and Real just swap coaches?