Liverpool and Real Madrid have reached an agreement over Xabi Alonso, and the player will be presented next week, according to reports.
According to Sport, the two clubs have settled on terms and all the remains is the player's signature. The initial transfer fee is €25 million, but the fee could increase depending on whether or not Liverpool can come to an agreement with Gabriel Heinze, who could be part of the deal.
Alonso is expected to sign a five-year contract and will be presented next week, when he will be in Madrid for the Spanish training camp ahead of the Confederations Cup.
It is believed that Liverpool also tried to involve Alvaro Negredo in the discussions, but that was not a viable option, since Madrid would have had to pay €15 million just to exercise their buy-out clause with Almeria.
Rumours are also suggesting that Florentino Perez will present his new coach next Monday, with Manuel Pellegrini the overwhelming favourite.
Alonso is likely to be the first of many signings over the summer, with Perez expected to spend in excess of €300 million.
According to Sport, the two clubs have settled on terms and all the remains is the player's signature. The initial transfer fee is €25 million, but the fee could increase depending on whether or not Liverpool can come to an agreement with Gabriel Heinze, who could be part of the deal.
Alonso is expected to sign a five-year contract and will be presented next week, when he will be in Madrid for the Spanish training camp ahead of the Confederations Cup.
It is believed that Liverpool also tried to involve Alvaro Negredo in the discussions, but that was not a viable option, since Madrid would have had to pay €15 million just to exercise their buy-out clause with Almeria.
Rumours are also suggesting that Florentino Perez will present his new coach next Monday, with Manuel Pellegrini the overwhelming favourite.
Alonso is likely to be the first of many signings over the summer, with Perez expected to spend in excess of €300 million.
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