Real Madrid have confirmed they plan to enter a Women's team into the 2019-20 La Liga season.
The club, who have been under pressure to join rivals clubs FC Barcelona and Atletico Madrid and enter a female side in the Spanish top flight have released an official statement.
They have reached an agreement with newly promoted side CD Tacon to purchase their place in the league, with a €500,000 deal set to be confirmed by club president Florentino Perez before the end of June.
Los Blancos are widely reported to have already put in place a project to start a Women's team from scratch ahead of the new season, but the club's hierarchy believes that working with the project underway at Tacon is the best route forward.
They will join Real Sociedad, Athletic Bilbao, Espanyol, Levante, Real Betis, Sevilla, Levante, and their two arch rivals, in La Liga Iberdrola from September 2019 onwards.