BREAKING: Real Madrid officially announces the signing of Brazilian wonderkid Endrick Felipe from Palmeiras

Brazilian youngster Endrick Felipe is deemed to be the next superstar coming out of Brazil. The 16-year-old caught the eye of top European clubs like Real Madrid, PSG and Chelsea. But in the end, the Spanish club won the race for the signature of the Palmeiras talent.

Endrick currently plays for the Brazilian club Palmeiras. He has the best goal per 90 min ratio in the 2022 Campeonato Brasileiro Serie A and he is amongst the most highly-rated talents to come out of Brazil. 

Palmeiras president said that this transfer is the “Biggest sale in Brazilian football history”. Real Madrid has agreed on a €35m fixed fee along with €25m add-ons, which makes it a total of €60m. Los Blancos will also pay an additional €12m in taxes.

Endrick will join Real Madrid in July 2024 when he will turn 18 years. This is because the international transfer rules require the player to be at least 18 when they leave their country. His contract with Real Madrid is up to 2027 with an option to make it up to 2030.

BREAKING: Real Madrid officially announces the signing of Brazilian wonderkid Endrick Felipe from Palmeiras

Real Madrid wrote in the official statement: “Real Madrid C. F., Sociedade Esportiva Palmeiras, and Endrick and his family have reached an agreement that allows the player to join Real Madrid when he reaches legal age in July 2024.”

“Until then, Endrick will continue training with S. E. Palmeiras. The player will travel to Madrid in the upcoming days to visit our club’s facilities.”

Endrick will continue to grow at Palmeiras in the next one and half years, and after he arrives at the Bernabeu he will be the deputy of Benzema and ultimately take over the baton from him.

Real Madrid will be able to boast an all-Brazilian attack – Vinicius Jr, Endrick and Rodrygo Goes. Los Blancos also has defender Eder Militao in their ranks which makes up their Brazilian contingent. They are trying to build a young team who would keep Real Madrid at the top for many more years to come.