Real Madrid have reached a verbal agreement to sign Brazil Under-17 international Alan from Palmeiras with the playmaker set to move to the Spanish capital next summer, according to AS.
Alan, who is currently playing at the Under-17 World Cup, would initially link up with Real Madrid’s Castilla side in the Segunda Division B to help him acclimatize to Spanish football.
Alan has a €50m release clause in his contract with Palmeiras but Real Madrid will look to negotiate that down as he is in the final year of his contract.
Alan is an attacking midfield who plays behind the striker and may grow into a very interesting player. However, it’s clear that he will not be capable of helping Madrid’s first team in the near future and this would be an investment for the long term just like Vinicius Junior or Martin Odegaard.
This is Real Madrid’s new transfer policy as Los Blancos are trying to recruit young talent all around the world and then try to develop those players in Spain.