AS: Real Madrid Sign Luka Jovic For €60m

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There were rumours of Barcelona, Chelsea and several other clubs, but it looks like Real Madrid have actually gone and done the thing. The Spanish giants have signed Luka Jovic, according to AS.

The Spanish media outlet claim Real Madrid have signed the Serbia international for €60m and that the player agreed a six-year contract with them. His contract will run until June 2025 and two clubs will profit from the transfer fee.

Eintracht Frankfurt will get €48m from this transfer, as Benfica are due to earn 20 percent of the transfer which the Portuguese club negotiated when they were selling Jovic to Bundesliga club, which amounts to €12m.

AS also claim that Madrid had accelerated talks with the player and the club in order to sign him before other clubs enter the race and drive his price up. Real Madrid were especially eager to ward of interest from teams like Paris Saint-Germain.