Madrid pay Illarramendi clause

Real Madrid have reportedly paid Asier Illarramendi’s buyout clause, plus VAT, and are expected to announce his signing from Real Sociedad imminently.

Reports this morning are that the capital club have deposited Illarramendi’s contract at the Spanish Football League’s offices, bought out from La Real at his release clause of €30m, including VAT, pushing it up to a total spend of €36m.

Los Blancos were reportedly reluctant to front up the tax bill as well as the buyout fee, but are understood to have acted as such on Friday, with the player apparently also absent from training at La Real this morning.

It is understood that Madrid could now imminently announce the 23-year-old’s capture, ahead of signing him to a reputed five year contract.

Illarramendi is expected to say his goodbyes to Real Sociedad teammates today and may have a farewell Press conference at the club too.

Marca, meanwhile, explain that part of Real President Jokin Aperribay’s motivation to have Madrid pay the full amount for the player plus tax was based on the belief that the San Sebastian outfit will lose 20 per cent of the transfer fee to creditors.

This is seen as part of an agreement signed to save the club from bankruptcy seasons back.

Tags Illarramendi