Menu
International Football

Tottenham Accepts Real Madrid's Bid For Midfielder Luka Modric

Real Madrid's €35M ($43.9M) signing of EPL Tottenham midfielder Luka Modric "has become a reality," according to ECODIARIO.es. The final sum that Madrid had to pay for the Croatian "was higher than expected." On top of the €35M transfer fee, the team will pay an additional €7M ($8.8M) in various add-ons, bringing the total to €42M ($52.6M). With those figures, Tottenham President Daniel Levy "will have succeeded in reaching his objective of receiving close to €45M ($56.4M) for Modric" (ECODIARIO.es, 8/27). AS reported that Modric agreed to a five-year deal with Real Madrid worth €4.5M ($5.6M) a season (AS, 8/27). Marca reported that in addition to the transfer of Modric, the two clubs have "signed a partnership agreement." Real Madrid President Florentino Perez said, "The strong relationship and affinity between our two clubs has resulted in the cementing of a longer-term partnership and the successful transfer of Luka Modric. We are delighted to welcome Luka and look forward to working closely with Tottenham in the coming years" (MARCA, 8/27). BLICK reported that Modric "flew to Madrid Monday for a medical examination." Just four years ago, Modric "left Dinamo Zagreb and joined Tottenham Hotspur for €21M." In 160 games for the Hotspur, the 26-year-old midfielder scored 17 goals and had 27 assists (BLICK, 8/27). The PA reported the new partnership between the clubs will see them "work together in respect of players, coaches and commercial relationships." Tottenham Chair Daniel Levy said, "While we preferred not to part with Luka, we are pleased that it is to Real Madrid, a club with which we now look forward to sharing a long and productive partnership" (PA, 8/27).

SBJ Morning Buzzcast: May 3, 2024

Seismic change coming for NCAA? Churchill Downs rolls out major premium build out and Jeff Pash, a key advisor to Roger Goodell, steps down

Learfield's Cory Moss, MASN/ESPN's Ben McDonald, and Canelo

On this week’s pod, SBJ’s Austin Karp has two Big Get interviews. The first is with Learfield's Cory Moss as he talks about his company’s collaboration on EA Sports College Football. Later in the show, we hear from MASN/ESPN baseball analyst Ben McDonald on how he sees the college and professional baseball scene shaking out. SBJ’s Adam Stern shares his thoughts on the upcoming Canelo-Mungia bout on Prime Video and DAZN.

SBJ I Factor: Molly Mazzolini

SBJ I Factor features an interview with Molly Mazzolini. Elevate's Senior Operating Advisor – Design + Strategic Alliances chats with SBJ’s Ross Nethery about the power of taking chances. Mazzolini is a member of the SBJ Game Changers Class of 2016. She shares stories of her career including co-founding sports design consultancy Infinite Scale career journey and how a chance encounter while working at a stationery store launched her career in the sports industry. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

Shareable URL copied to clipboard!

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/28/International-Football/Modric.aspx

Sorry, something went wrong with the copy but here is the link for you.

https://www.sportsbusinessjournal.com/Global/Issues/2012/08/28/International-Football/Modric.aspx

CLOSE