Slumping Madrid signed Midfielder Luka Modric for Next Five Seasons

Real Madrid have signed on Tottenham Hotspur’s Croatian midfielder Luka Modric for the next five seasons, the Spanish club announced on Monday. Luka Modric has been unveiled as a Real Madrid player after they hammered out a £33million move for the midfielder.

Spurs will receive £27m from Real, plus another £6m in various add-ons. The fee is a blow for Tottenham chairman Daniel Levy, who was holding out for a figure in the region of £35m-plus.  ‘Real Madrid C.F. and Tottenham Hotspur have reached an agreement for the transfer of player Luka Modric, who will be with the club for the next five seasons,’ the team said in a statement. The two clubs have also agreed a new ‘partnership’ that, according to Spurs, will see them ‘working together in respect of players, coaching, best practices and commercial relationships.’ “I’m very happy, honoured and proud to be at the biggest and best club in the world. I’m very excited,” Modric said. “Luka has been a terrific player for us and, while 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,” said Tottenham chairman Daniel Levy.

Real Madrid president Florentino Perez Rodriguez added: “We are delighted to welcome Luka and look forward to working closely with Tottenham in the coming years.” The Spanish club said it expected him to play a key role.”Real Madrid has signed a very talented and creative playmaker for the midfield,” they said.
Modric joined Tottenham in 2008 in a £16.5m deal from Croatian side Dinamo Zagreb. He made over 150 appearances for the London club, scoring 17 goals. ‘An attacking player capable of assisting his teammates and delivering with great judgement, added to which he has a great capacity for work and sacrifice for the sake of the team,’ Real Madrid said.