Real Madrid beats Barca and 2 others to sign Endrick for €70m (reliability: 5 stars)

Real Madrid have won the race to sign Endrick from Palmeiras, per the reliable UOL Esporte.

Barcelona, PSG and Chelsea were strongly interested in signing the Brazilian but according to the source, Palmeiras have verbally agreed to sell to Real Madrid.

Barcelona could've signed Endrick but Palmeiras after showing serious interest but the Brazilian outfit insisted on a €40m fee for the 16-year-old. The Blaugrana considered it too high, per Relevo.

Madrid are likely to end up paying up to €70m for the teenager when bonuses, taxes and compensation are put into consideration.

Endrick cannot move to Europe until he turns 18 in 2024. But he seems like a player who could take the European stage by storm when he eventually moves in two years.