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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

Ancelotti-favourite defender will leave Real Madrid if club signs 23-year-old ace

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Photo by David Ramos/Getty Images

With Kylian Mbappe’s signing now a completed objective, Real Madrid turn to what was always considered the second most critical operation of this summer – Alphonso Davies.

The Canadian full-back has been on Los Blancos’ radar for a while now, but with his contract with Bayern Munich running until 2025, his signing is seen to be a tad bit more complicated.

The Bavarians’ firm stance that they wish to persist with the speedster, needless to say, has only made the objective more complicated for Los Blancos.

No room for three

Despite Bayern Munich’s repeated advances towards Davies in recent weeks, Real Madrid are firm that they will attempt to sign the player this summer.

In light of the Canadian full-back’s possible arrival, Cadena SER reveals that Ferland Mendy will almost certainly leave Real Madrid if Davies’ signing is pulled off.

Carlo Ancelotti is clear that he has no room for three left-backs in his squad. One of Fran Garcia and Mendy must thus leave the Spanish capital in such a scenario and the Frenchman is better placed on that front.

Ferland Mendy (L) could leave Real Madrid if Davies arrives.. (Photo by Lars Baron/Getty Images)

Mendy’s current deal in Madrid runs out next year and the player has been informed that a decision over his future at the club will be taken shortly.

On track with Davies

The Spanish outlet also reveal that the Canadian speedster rejected an offer from Bayern Munich in recent hours and that his departure from the Bavarian capital is not ruled out.

Bayern Munich demand a sum of €50 million for the dynamic full-back. Real Madrid, however, have set a spending limit of €30 million for the youngster and will not exceed that sum in any scenario.

Vincent Kompany’s men thus have a critical decision to make, for allowing Davies to run down the final year on his deal may well back-fire as did the case of Kylian Mbappe with PSG.

Real Madrid, as it stands, appear to be in the driver’s seat.

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