Real Madrid insert release clause of €500m (£438m) in contract of Dani Ceballos

Real Madrid won the race for the 20-year-old, seeing off rumoured competition from arch rivals Barcelona to complete a £10.5m transfer.

According to Spanish publication AS, the Los Blancos have moved to ward off any further interest from Barca by setting the midfielder’s buyout clause at an eye-watering price.

Ceballos, recently named Player of the Tournament for his part in Spain’s run to the final of U21 Euro 2017, was handed a six-year contract at the Bernabeu.

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