Fabrizio Romano confirms €72 million Real Madrid transfer news

It is time for Real Madrid fans to get excited as Endrick, the Brazilian wonderkid hyped as the biggest talent to come out of the country since Neymar Jr, is on his way to Santiago Bernabeu. There was more than enough competition for his signature, with Chelsea and PSG appeared to have made an effort to sign him as well, but Los Blancos appear to have come out on top.

It looks like the club are ready to meet the release clause that is in Endrick’s contract, something that initial rumours had suggested that they would not do.

As tweeted out by the highly reliable Fabrizio Romano, full verbal agreement is in place and Real Madrid will pay €60 million to Palmeiras plus €12 million in taxes to sign Endrick. The Brazilian is set to sign a six-year deal.

It goes without saying that this move for Endrick is one of the most ambitious in football history. Endrick is still just 16 years of age and according to stats from Transfermarkt, has 3 goals and 7 appearances for Palmeiras to his name.

Romano confirms €72 million Real Madrid transfer news

It is worth pointing out that Endrick will not be joining Real Madrid anytime soon as he is still just 16 years of age and cannot move to Europe from Brazil before he is 18. He will complete the move to the Spanish capital in the summer of 2024.

Along with being one of the most ambitious moves in the history of the game, it is one of the most riskiest as well.

One cannot overlook the fact that Endrick is still just 16 years of age and barely has any experience at the senior level. He has looked impressive in the games that he has played though. And considering the fact that he has already earned comparisons with Ronaldo Nazario, the risk might well be worth it, if he turns out to be anywhere near as good as O Fenomeno.