Real Madrid have beaten their fierce La Liga rivals Barcelona to the signature of the exciting River Plate teenager Exequiel Palacios, according to the reports coming from TeleMadrid.
The 20-year-old is said to have agreed a five-year contract with the champions of Europe and will move to Madrid in 2019. Real Madrid have reportedly met the player’s release clause in excess of €15 million thus beating Barcelona and Inter Milan who were also said to be monitoring the youngster.
Real Madrid have also been in the running for Palacios’ signature for a while now and were heavily tipped to complete the deal.
It was last month that Spanish media speculated a deal for the River Plate talent had been on the cards and it looks as if though the latest reports come as a confirmation of previous rumours.
Palacios is expected to remain in Argentina until the end of the season before he joins Los Blancos next summer.
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