Real Madrid sign Luka Jovic from Frankfurt
Real Madrid re-building process starts with the acquisition of Jovic
The Los Blancos have agreed a deal in the region of £52.4m for the Serbian international.
Luka Jovic has completed a move to Real Madrid from Eintracht Frankfurt.
According to Skysports, the 21-year-old striker signed a five-year contract with the Spanish giants and he is expected to earn £8.7m a year at the club.
Jovic joined Frankfurt on loan from Benfica in the summer and last month the Bundesliga club exercised their option to make the move permanent
Meanwhile, Frankfurt will pay Jovic’s former club Benfica around £10.5m of the transfer fee.
The Serbian striker has netted 17 goals in 31 Bundesliga appearances this season and 10 more in the Europa League.