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Real Madrid sign Modric from Spurs in five-year deal

August 27, 2012 15:09 IST

Real Madrid have agreed to sign Croatia playmaker Luka Modric from Tottenham Hotspur on a five-year contract, the La Liga champions said on Monday.

"Real Madrid CF and Tottenham Hotspur have reached an agreement for the transfer of the player Luka Modric, who will remain tied to the club for the next five seasons," Real said on their website (www.realmadrid.com).

Tottenham, who also confirmed the deal on their site (www.tottenhamhotspur.com) said it was subject to a medical and included a partnership agreement for the two clubs to work together "in respect of players, coaching, best practices and commercial relationships".

While neither club gave financial details, Spanish media reported Real would pay 35 million euros, plus a possible 7 million in add-ons, for the 26-year-old, who joined Tottenham from Dinamo Zagreb in 2008.

Source: REUTERS
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