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Details of Endrick’s move to Real Madrid: €35m fixed fee, €2m salary, Golden Boy clause

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Photo by Ricardo Moreira/Getty Images

Last week, reports emerged claiming that Real Madrid have practically closed the signing of Brazilian wonderkid Endrick from Palmeiras.

It was reported that Los Blancos had met the 16-year-old sensation’s €60 million release clause while they would also be paying an additional €12 million in tax commissions to land the young striker from the Brazilian club.

However, a fresh report from AS has now shed light on the details of the transfer agreement between Real Madrid and Palmeiras.

As per the report, Los Merengues will be meeting the €60 million release clause amount but as a fixed plus add-on pay arrangement.

Real Madrid have agreed to shell out a fixed fee of €35 million for the signing of Endrick with an additional €25 million included as bonuses based on the player meeting various performance-related objectives that are not easy to achieve.

Indeed, the report indicates that the agreement for bonuses includes clauses like Endrick winning the Golden Boy award, number of appearances made, number of goals scored and the titles he will win at the Spanish capital club.

Sources involved in the negotiations have told AS: “If Madrid manages to pay the €60 million it is because Endrick is worth at least €300 million.”

The report indicates that the agreement between all parties is complete but is yet to be made official due to bureaucratic issues. It will be registered on the FIFA TMS soon but will only become effective in 2024, when Endrick turns 18.

As for the contract details that the 16-year-old has agreed, the Brazilian prodigy will only be signing a three-year contract until 2027 as FIFA does not permit a longer deal for under-age players. However, there is an option for a further three-year extension until 2030 included.

Endrick will be earning a salary of €2 million per year gross for that duration, although there will be small increments with each passing season – similar to what Vinicius Jr had signed when he joined Real Madrid.

Apart from the fee being paid to Palmeiras, the Merengues will also be shelling out a signing-on bonus to the player, the value of which is undisclosed at this moment. Furthermore, the player and the club will share 50% of his image rights after he officially joins the club in 2024.

It is no secret that clubs like Chelsea, PSG and Barcelona were also in the hunt to sign Endrick. However, the youngster’s will to join Real Madrid played a key role in the Merengues’ clinching the deal, while talent-spotter Juni Calafat is also said to have had a huge hand.

Endrick is likely to arrive in Madrid to complete his medical sometime this week, following which the transfer will be made official, possibly before the World Cup is over.

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Real Madrid News

Revealed: Reasons why Real Madrid captain is contemplating exit

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Photo by Florencia Tan Jun/Getty Images

Real Madrid bid Toni Kroos an emotional farewell toward the end of last season, as the German midfielder opted not to pursue continuity in the Spanish capital and instead ride off into the sunset.

However, as the summer transfer window looms large, it appears the German maestro will not be the only veteran hitting the exit door for Los Blancos.

Indeed, Nacho Fernandez’s future continues to be up in the air, as his Real Madrid contract is set to expire in a few days.

Why Nacho is mulling over a departure

The Real Madrid centre-back has been reported to have received a lucrative two-year offer from Al Ittihad, who would nearly quadruple his current salary.

Aside from the appealing financial package from Saudi Arabia, according to AS, Nacho is inclined to leave for other reasons.

Nacho feels his role has diminished under Carlo Ancelotti. (Photo by Clive Brunskill/Getty Images)

For one, the Spanish defender believes that under Ancelotti, his position on the team has not evolved.

Even though he had an impressive season, missing important games like the league Clasico at Santiago Bernabeu and the first leg of the Champions League quarterfinals against Manchester City has caused him to reevaluate his future.

This season, he has participated in 45 of the 55 games, missing just three because of suspensions.

Yet, his future at the club appears doubtful owing to the return of Rafa Marin from loan, the presence of Antonio Rudiger, and the return of Eder Militao and David Alaba from injury.

Moreover, Nacho’s thoughts have also been impacted by the persistent speculations that Real Madrid is interested in signing Leny Yoro. In the event that Nacho departs, Yoro might join either this summer.

As such, given the competition in defence next season and the reported wage hike at Al Ittihad, it is likely that Nacho will end up departing the Merengues.

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