Valdano attempted to sign Cantona in 1995 before he was eventually replaced by Fabio Capello as coach.
He told La Galerna: "(Real president Ramon) Mendoza told me that it was an unviable signing.
"It was at that time an emergency economy, although it was curious, because the following year Capello arrived and with him Mijatovic, Suker, Roberto Carlos, Illgner, Panucci appeared plus Seedorf...
"I don't know where the money suddenly came from. Even so, we made a virtue of necessity.
"If Cantona had arrived, the Raúl phenomenon might not have arisen, because I would have feared making that bet more."
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