Real Madrid today, confirmed the signing of Endrick Felipe from Palmeiras.

Real Madrid have now confirmed that the 16-year-old wonderkid will be loaned back to Palmeiras until 2024. As expected, he would move back to Madrid at the age of 18.

Real Madrid have released a message, thus:

“Real Madrid CF, Palmeiras, Endrick and his family have reached an agreement whereby the player will be able to join Real Madrid when he reaches the age of majority in July 2024.

“Until then, Endrick will continue his training at SE Palmeiras. The player will travel to Madrid in the coming days to visit our club’s facilities.”

According to reports, Real Madrid paid a fee of €60m for Endrick.