Politics

BREAKING: Incoming Real Madrid Signing Has Cost $11 Million More Since Transfer Agreement, Reports AS

An incoming Real Madrid signing has cost the club almost $11 million more (€10 million) since it agreed a transfer with his current employers, according to AS.

Madrid pulled off a major coup in late 2022 when beating a string of top clubs to Palmeiras prodigy Endrick.

The Spanish giants agreed to pay the Sao Paulo outfit an initial $37.8 million (€35 million) for the youngster’s services, and he will cross the Atlantic to Europe in July after having turned 18 in said month.

If a number of incentives are met, however, the value of the deal can near $65 million (€60 million) which still might turn out to be a bargain for one of the most talked-up talents to emerge out of the self-proclaimedpais de futebol(“country of football”) this decade.

According toAS, the transfer has already been worth an extra $10.8 million (€10 million) since being agreed 14 months ago.

The value can be broken down into four separate chunks, with $2.7 million (€2.5 million) handed over for every five goals Endrick nets for Palmeiras.

His last strike a stunning edge of the box shot past Corinthians ‘keeper Cassio in the Sao Paulo derby on Sunday, Endrick has thus far made the score sheet on 18 occasions meaning that another $2.7 million will be due when he expectedly reaches 20 in the coming weeks.

There is a maximum cut off point of 25 goals or $13.5 million (€12.5 million) in this area of the game.

In the meantime, though, Madrid must pay a further $2.7 million to theVerdaobecause of Endrick’s call up to the Brazil senior national team.

Endrick made his debut for the five-time World Cup-winning Selecao against Colombia in November. And though he won’t head to Paris 2024 because of Brazil’s embarrassing failure to qualify for the Olympics despite being back-to-back champions, he is a candidate to make Dorival Junior’s squad for the Copa America on American soil this summer.

After the tournament, Endrick will then start to cut his teeth on the Old Continent and fight for minutes in a talent-packed side which could also feature potential fellow new arrival Kylian Mbappe.