Real agree â¬58m deal for Neymar
Real agree â¬58m deal for Neymar
A report by iG claims that Real Madrid have agreed to sign Santos star Neymar for an amazing â¬58 million.
This reported transfer will happen in the summer of 2012 and iG claims that the 19-year-old has already signed a contract.
Negotiations are still under way regarding the distribution of the transfer fee with Santos owning 55percent of the player's rights, and the companies DIS and Teisa owning 40percent and 5percent respectively.
Neymar's deal will see him earn â¬6 million a year, with 10percent of his transfer fee plus 10percent of Santos' share going to his father.
The Brazil international has been coveted by Real and Barcelona, but has refused to leave before the end of the season as he wants to play for Santos at the Club World Cup and at also at Santos' centenary in April.
