Luka Modric: New Real Madrid player

It's official, Real Madrid and Tottenham have reached an agreement for the transfer of Luka Modric (30 million euros plus variables. The figure is to be confirmed), explains the white club in a statement on its website. The English team has done the same. The Croatian midfielder will sign his contract for the next five seasons.

Luka Modric; New Real Madrid player

The player will arrive to Madrid today. He will land this Monday at 12:00 am at the airport of Torrejon de Ardoz and will be accompanied by two family members and will sign his contract as new player of Real Madrid after passing the medical examination. Subsequently, he will be presented.

In addition, both clubs have also formalized a partnership agreement. The partnership agreement will see the two clubs working together in respect of players, coaching, best practices and commercial relationships.

Real Madrid President, Florentino Perez, said, "The strong relationship and affinity between our two clubs has resulted in the cementing of a longer-term partnership and the successful transfer of Luka Modric. We are delighted to welcome Luka and look forward to working closely with Tottenham in the coming years."

Daniel Levy, Chairman, Tottenham Hotspur, commented, "Luka has been a terrific player for us and, whilst we preferred not to part with him, we are pleased that it is to Real Madrid, a club with which we now look forward to sharing a long and productive partnership."