The 20-year-old Castilla youngster Peter Federico’s contract with Real Madrid has been extended.
All sides were pleased with the conclusion of the discussions, which were significantly impacted by the enormous degree of interest in the striker, and the agreement was signed on Tuesday.
Federico’s contract was extended through 2024, and beyond that, he will still be able to exercise his 50 million euro release clause.
With the new agreement, his pay does alter though. The team sought to celebrate his growth and promised a pay raise that would put him among the highest-paid Castilla employees.
He had numerous suitors.
Teams in Spain including Getafe, Celta Vigo, Osasuna, and Espanyol have inquired about the player’s position from the club or the player’s representation.
Frenkie de Jong is reportedly in Chelsea’s hands, according to recent Spanish reports, as Barcelona has to sell him to raise money for future recruits.
Although Manchester United has been mentioned in connection with the transfer throughout the summer, the Dutch international seems to be more ready to finalize a move to Stamford Bridge than Old Trafford due to the Blues’ capacity to provide him with Champions League play.