With the completion of negotiations with Palmeiras and Endrick, the young striker will transfer to Spain in 2024.
There has been a fierce competition to sign the Brazilian wonderkid, who appears to be one of the most intriguing prospects in world football right now.
The attacker wanted to transfer to Madrid, according to sources, and despite Chelsea and Paris Saint-significant Germain’s interest, it was always assumed that the 16-year-old favoured Los Blancos. In November, sources stated that Palmeiras anticipated a deal to close by the end of the year; this has finally happened.
Madrid has agreed to pay Endrick’s €60 million release clause, plus an additional €12 million to compensate the taxes that must be paid by a Brazilian football player moving to La Liga in Spain.
Endrick’s father and advisors maintained that Real was required to fulfil the release clause and that Palmeiras would not suffer a financial loss, and that personal conditions had also been reached.
Endrick will now stay with Palmeiras for the ensuing 18 months before relocating to Spain. Before turning 18, players are unable to relocate overseas due to FIFA regulations.
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