Latest Transfer News: Real Madrid complete signing of Luka Jovic

Latest Transfer News: Spanish club, Real Madrid have reportedly completed the signing of Serbian and Eintracht Frankfurt striker, Luka Jovic for £52.4million.

According to Sky in Germany, the 21-year-old signed a five-year contract with the Spanish giants, which will earn him £43.7m (€50m) in total a year.

Frankfurt will pay Jovic’s former club Benfica around £10.5m of the transfer fee.

The striker joined Frankfurt on loan from Benfica in the summer and last month the Bundesliga club exercised their option to make the move permanent.

Jovic has scored 17 goals in 31 Bundesliga appearances this season and 10 more in the Europa League.

The signing of Jovic would bring the number of new additions to Zinedine Zidane’s squad for the 2019/20 season to three. Porto’s Brazilian defender Eder Militao agreed to a move to Bernabeu in March, while Santos forward Rodrygo Goes will join up with the squad after agreeing his move last year.

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