"Real" reached a €72 million agreement with "Palmeiras" for Endricko © Reuters

Madrid's „Real“ won the race for arguably the most talented South American player of this year.

Journalist Fabrizio Romano announces that the „royal club“ has reached an agreement with „Palmeiras“ for the acquisition of 16-year-old Endrick. The value of the agreement is as high as 72 million euros.

The club led by Florentino Perez will pay 60 million euros to the Brazilian club and 12 million euros in taxes.

The youngster born in 2006 will join the „Real“ team in the summer of 2024.

Endrick was also actively pursued by PSG, „Barcelona“, and „Chelsea“. The Parisian club offered as much as 93 million euros to „Palmeiras“ for Endrick and his teammate Estevao, a 2007 youngster.

As for Endrick, this 16-year-old striker recently made his debut for the men's team of „Palmeiras“ and has already scored 3 goals in 7 matches.