REAL MADRID AGREE €72m DEAL TO SIGN PALMEIRAS’ WONDERKID ENDRICK

December 8, 2022

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Real Madrid have agreed a deal to sign Brazilian wonderkid Endrick on a five-year contract from Palmeiras, with the 14-time Champions League winners only waiting on the forward’s signature to make it official, sources have claimed.

Although the 16-year-old will only be eligible to relocate to Madrid in 2024, when he reaches 18. The transfer is reportedly valued €72 million on a five-year deal starting when the transfer window opens in July 2024, the source claimed.

The official announcement depends on Endrick signing the contract, although this is thought to be a formality given both sides have reached an agreement on the terms of the transfer.

Palmeiras set Endrick’s release clause at €60m, but sources said Real Madrid increased their offer to ward off competition from other clubs and account for taxes in a package valued at €12m.

The young forward was wanted by Chelsea and Paris Saint-Germain, but Madrid now appear to have won the race for his signature.

Endrick only made his senior Palmeiras debut on Oct. 6 but helped the Sao Paulo team win this year’s Brasileirao title and became the youngest goalscorer in the club’s history when he scored twice against Athletico Paranaense on Oct. 25.