LaLiga news: Real Madrid agree deal to sign Premier League star, Barcelona to announce new signing and more – 5th January 2019

Kashima Antlers v Real Madrid CF - FIFA Club World Cup UAE 2018

Real Madrid finalise Brahim Diaz deal

Real Madrid and Manchester City have finally agreed a deal for Brahim Diaz. The Spanish youngster will be joining the Bernabeu side for £15.5 million with a few clauses added to his contract by City.

B Diaz goes from Man City to R Madrid for £15.5m with 40% sell on fee if he then goes to ‘any other Manchester club’ (Utd basically) - 15% anyone else - City delighted with a fee that can rise another £6.5m with add-ons

— jamie jackson (@JamieJackson___) January 5, 2019

Jamie Jackson reports that City have inserted a 15% sell-on clause on his contract at Real Madrid. That means that Madrid will owe the Premier League champions 15% of whatever fee they sell Diaz for in the future.

However, the sell-on clause increases to 40% if he is being sold to any other Manchester club, ie Manchester United. City are also entitled to get another £6.5 million based on his performances and progress at Madrid.

Diaz's contract at Etihad was expiring at the end of the season and he was not willing to sign a new deal. He wanted a first-team role at City but the Premier League side were unwilling to guarantee him one.