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Real Madrid Insider Reveals Endrick Felipe Palmeiras Fee Breakdown
Real Madrid appear to have tied up the signing of Endrick Felipe de Palmeiras, beating out competition from much of Europe’s elite to secure the talented 16-year-old.
The Whites are awaiting confirmation of the transfer matching system that FIFA has put in place to ensure the deal can go through, so they can discuss the details of the contract with Endrick freely. If they don’t, Real Madrid could face sanctions.
Various charges have been reported, with some citing a deal worth €40 million and others claiming it will rise to €72 million. Real Madrid de Marca reporter Mario Cortegana has said the deal will be worth €35m plus €25m in variables, which will differ in difficulty in terms of how easy they are to achieve.
His initial contract will be for three years (starting in 2024, when he can legally move), but the plan is to immediately extend that deal through 2030, by which time Endrick would be 24.
There’s been a lot of debate about the fee, but as far as it goes, the consensus is that Endrick is a unique talent. If that’s the case, the extreme cost will eventually seem cheap.