Real Madrid is prepared to fulfill Palmeiras’ asking price of €72 million (£62 million/$76 million) for the 16-year-old sensation Endrick and will sign him in 2024.
Real Madrid willing to meet Palmeiras’s asking price
He must wait until July 2024, when he becomes 18
Not yet notified about a potential contract
WHAT’S HAPPENING? GOAL can reveal that the European and Spanish champions will pay the transfer price in installments until the striker completes the move in July 2024, when he turns 18 and can travel overseas.
THE BIG PICTURE: Madrid has led the battle to sign Endrick for some time, with Barcelona and Paris Saint-Germain also expressing interest in the Palmeiras youngster, who has scored three goals in seven career games. However, Endrick has not yet been informed of the potential agreement with Madrid. A portion of his entourage traveled to Qatar for the World Cup and will return on December 18, when the tournament concludes.
Moreover, Palmeiras will receive €60 million (£52 million/$63 million) tax-free from the sale of Endrick since Madrid has agreed to pay €12 million in transaction taxes.
