Real Madrid reach verbal agreement to sign Endrick in €70m deal (reliability: 5 stars)

Real Madrid have reached a verbal agreement with Palmeiras to sign Endrick, according to UOL Esporte. Fabrizio Romano seems to agree with the report.

The deal to bring Endrick to Real Madrid will cost Los Blancos up to €70m when taxes, bonuses and the sign-on fee are considered.

The 16-year-old Brazilian has been in hot demand by many top clubs in Europe including Chelsea, PSG and Barcelona.

Endrick cannot join Real Madrid until he turns 18 in 2024, but signing him is a real statement of intent from Los Blancos as regards their plans for the future.