Barcelona to trigger €120 million release clause of Manchester United target, Cristiano Ronaldo makes Juventus bid €85 million for top Barcelona target and more: Transfer Roundup, 4 June 2019

By Shambhu Ajith

Modified Jul 22, 2022 23:40 GMT

Barcelona are closer than ever to securing their biggest deal of the summer

Luke Jovic joins Real Madrid on a 6-year deal

Jovic battles for the ball against Chelsea's Jorginho in the UEFA Europa League Semi Final : Second Leg

Real Madrid have closed their first big signing of the summer. They have signed Eintracht Frankfurt striker Luka Jovic on a 6-year deal for a sum of €60 million. According to Sky sources, the player will earn £8.7 million a year.

Eintracht Frankfurt Sporting Director Fredi Bovic issued a statement on the striker's departure as well. He said,

"Luka Jovic is a big loss for us. His explosiveness and scoring skills have spread throughout Europe and we've benefited not only from his goals over the past two years. But for us it was clear that there is a financial pain threshold.

"For Eintracht Frankfurt this is a good and important transfer. We wish Luka only the best for his future. He has the best qualifications for a great career. And we are proud that we were able to support him along the way."

Edited by Sripad