Real Madrid Transfer News: New signing is 'paying' to join Spanish giants - Fabrizio Romano
Graham Shaw
- Updated: 17 Jun 2023 22:32 BST
- 3 min read
Joselu has reportedly completed his loan move to Real Madrid, and according to transfer expert Fabrizio Romano he is effectively PAYING for the privilege.
The 33-year-old former Stoke and Newcastle man is a stopgap striking option for Los Blancos after the departure of Karim Benzema, with a much bigger name expected to move to the Santiabo Bernaeu in the coming months.
MORE: The best available free transfers in the summer of 2023
Kylian Mbappe and Harry Kane are both being linked with a move to the Spanish capital, but if they do you can expect they will be getting a hefty pay raise. Just like Jude Bellingham did when he was unveiled as a Madrid player earlier this week.
Joselu takes pay cut to join Real Madrid
Not so Joselu, who per Romano is actually taking a pay cut to land his dream move to the 13-time European champions.
Romano also revealed that the transfer is a one-year loan through to the summer of 2024, with Joselu's current club receiving €500,000 for allowing Madrid to borrow their forward.
There is also a clause which allows Real to make the move permanent next summer for a fee of €1.5m but it is not mandatory.
🚨 Understand Real Madrid have finally completed Joselu deal — been told it’s signed, here we go!
Exclusive details of the agreement:
◉ Loan until June 2024;
◉ €500k loan fee to Espanyol;
◉ Buy option clause NOT mandatory for €1.5m;
◉ Joselu will reduce his salary. pic.twitter.com/mgt7OKZu6k
— Fabrizio Romano (@FabrizioRomano) June 17, 2023
