Real Madrid have secured the signature of yet another Brazilian wonderkid, with the signing of 16-year-old Endrick from Palmeiras.
In recent years they have been hugely successful with their pickings from Brazil, signing Vinicius Jr. and Rodrygo, both of whom were instrumental in last season's Champions League winning campaign.
The fee for Endrick could run up to as much as €60m, which will be seen as pocket change if he fulfils the promise he has shown so far in Brazil.
Fabirzio Romano wrote on Twitter earlier: "OFFICIAL: Palmeiras announce the sale of Endrick to Real Madrid. €60m fee as full potential package, so with add ons included. Real will pay €12m taxes. #RealMadrid Contract will be valid until 2027 with an option until 2030. Confirmed, and now completed."
Endrick won't be arriving at Madrid until 2024, when he turns 18, but judging by his goal highlights, he is already an accomplished player.
He also holds the record for the youngest player to make an appearance for Palmeiras, and the youngest player to score a goal for the team.
Real Madrid Complete Signing Of Endrick
OFFICIAL: Palmeiras announce the sale of Endrick to Real Madrid. €60m fee as full potential package, so with add ons included. Real will pay €12m taxes. 🚨⚪️🇧🇷 #RealMadrid
Contract will be valid until 2027 with an option until 2030. Confirmed, and now completed. pic.twitter.com/jo0jrp2tdK— Fabrizio Romano (@FabrizioRomano) December 15, 2022
READ HERE: Real Madrid's Champions League Run This Season Will Never Be Topped
Palmeiras president Leila Pereira and Endrick, both had their say after the signing was announced.
Leila Pereira: “We completed the biggest negotiation in the history of Brazilian football. Real Madrid's proposal is compatible with Endrick's enormous talent and corresponds to the sporting and financial goals that we have established since the beginning of negotiations."
Endrick: "I thank Palmeiras, the Greatest Champion of Brazil, champion of America, champion of the world and, forever, the club of my heart, for offering me everything necessary to become what I am today, for helping me to accomplish several of the my dreams and for respecting my desire and that of my family to make another dream come true. Until I join Real Madrid, I will continue to dedicate myself as I always have to offer Palmeiras even more on the field: more goals, more victories, more titles and even more happiness for our fans."