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Real Madrid have signed Spanish striker; €500k loan fee, €1.5m purchase option – Romano

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Photo by JOHN THYS/AFP via Getty Images

In a major update, Fabrizio Romano has claimed that Real Madrid have completed the signing of RCD Espanyol striker Joselu. The 33-year-old former Los Blancos star will return to the Santiago Bernabeu on a season-long loan deal.

As per the update from Romano, Real Madrid will be paying a loan fee of €500,000 to Espanyol for the veteran centre-forward. In addition, the Spanish capital outfit also have a non-mandatory purchase clause worth €1.5 million in the agreement.

The report further states that Joselu has reduced his salary to sign for Real Madrid.

Following the exits of Karim Benzema and Mariano Diaz, the Merengues were left with no senior striker on their books heading into the 2023/24 season.

Joselu, who netted 17 goals in all competitions last season, was quickly identified as a target as a backup centre-forward and the club flew into action swiftly. So much so that they have now completed his signing from Espanyol.

It is expected that an official announcement of the deal could be made next week following Spain’s UEFA Nations League final clash against Croatia that will take place tomorrow.

Joselu will thus become Real Madrid’s third signing of the summer following the arrivals of Fran Garcia and Jude Bellingham. The Merengues have also welcomed back Brahim Diaz to the club after three years on loan at AC Milan.

However, it does not spell the end of transfer business for Carlo Ancelotti & co. as they seek another top striker this summer, with names like Harry Kane, Kylian Mbappe, and Victor Osimhen on the club’s radar.

For now, Real Madrid will welcome Joselu back to their ranks imminently and only time will tell which other striker will join him at the Santiago Bernabeu later in the summer.

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Real Madrid News

Official: Real Madrid confirm date for Endrick presentation

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Photo by ROBYN BECK/AFP via Getty Images

After welcoming Kylian Mbappe earlier this week in a grand celebration at the Santiago Bernabeu, Real Madrid have now confirmed the date for the official presentation of another new signing, Endrick.

The Spanish capital club have announced that the teenage sensation will be presented as a new Real Madrid player on July 27.

“Real Madrid CF announces that on Saturday 27 July, at 12:00, the presentation of our player Endrick will take place at the Santiago Bernabéu stadium,” the statement from the club read.

“Previously, Real Madrid president Florentino Pérez will welcome Endrick to Real Madrid City for the signing ceremony that will bind our new player to the club for the next six seasons.”

Endrick arrives with big expectations. (Photo by PATRICK T. FALLON/AFP via Getty Images)

Real Madrid signed Endrick from Palmeiras back in December 2022 itself in a deal that could reach €60 million including add-ons.

However, since he was only 16 years old at the time, the striker had to continue in Brazil. Set to turn 18 on July 21, the centre-forward will finally be eligible to move to Europe.

In 82 appearances for Palmeiras, Endrick has scored 21 goals and set up four more. The striker also has three goals in ten matches for Brazil.

Endrick will be presented formally at the Santiago Bernabeu on July 27 after he undergoes medicals and signs his contract with club president Florentino Perez.

After the presentation, Endrick will speak to the media in the press room at the Santiago Bernabeu.

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