Real Madrid have signed young Brazilian prodigy Endrick de Palmeiras.
The 16-year-old striker, who has been touted as one of Brazil’s best upcoming talents, will join the European and Spanish champions in July 2024.
This is due to Fifa rules prohibiting players under the age of 18 from being transferred abroad.
Palmeiras and Real Madrid did not reveal the length of the contract but said Endrick will visit his new club’s facilities in Spain next week.
Endrick said Palmeiras site: “I thank Palmeiras, forever the club of my heart, for having offered me everything necessary to become what I am today, for having helped me to achieve many of my dreams and for respecting my desire and that of of my family to realize another true dream.
“Until I join Real Madrid, I will continue to dedicate myself as I have always dedicated myself to being able to offer even more to Palmeiras on the pitch.”
Endrick is both the youngest player and goalscorer in Palmeiras history.
The Brazil Under-17 international has scored three goals in seven Brazilian Serie A games this season.
Brazilian club president Leila Pereira said: “We have concluded the biggest negotiation in the history of Brazilian football.
“Real Madrid’s proposal is compatible with Endrick’s enormous talent and corresponds to the sporting and financial objectives that we have set ourselves since the start of the negotiations.”