Real Sociedad and Real Madrid have today confirmed that Asier Illarramendi will be transferring to the capital club, after Los Blancos activated his release clause.
Reports this morning indicated that Madrid had deposited the Under-21 international’s contract at the offices of the Spanish Football League, having resolved to activate his €30m release clause and pay the previously disputed extra €6m due in VAT.
La Real, in then calling a Press conference attended by the President, sporting director and Illarramendi himself, have now confirmed that Los Blancos have acted as such and that the player is now bound for the Santiago Bernabeu.
“This morning the LFP has called to tell us that Real Madrid have activated Illarramendi’s buyout clause,” began President Jokin Aperribay to assembled reporters.
“Our interest was for him to stay, we want to thank the player for the years he has been here. We are sorry that he is leaving.
“We have a very important year at a sporting level, with a young Coach, and we wanted all the players to continue.
“We did not want to negotiate with Real Madrid, and this we also told to Asier and his agents.
“We were not prepared for the money to be paid in instalments.
“The price is €32.19m, plus €6.759m in VAT, which amounts to a total of €38,949,900, which is what Madrid have placed with the LFP.”
Sporting director Lorenzo Juarros, Loren, also spoke at the conference: “He is a major player and this is much sooner than expected, but Real Sociedad will remain competitive.”
During the Press conference Real Madrid released an official statement to also declare that the transfer is going through.