Luka Modric agrees new bumper contract with Real Madrid

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Chief playmaker: Luka Modric.

Luka Modric has been handed a bumper pay increase by Real Madrid, putting the mercurial playmaker on the same financial terms as team-mate Sergio Ramos and Gareth Bale.

According to Marca, the Whites have agreed fresh terms with the 32-year-old Croatian and secured his long-term Bernabeu future amid interest from Inter Milan.

Reportedly, Modric will earn around €8m-per-season while it is thought his contract will now be extended beyond 2020.

Recently, club president Florentino Perez as well as new boss Julen Lopetegui have spoken of how important the Croatian World Cup hero is to Real moving forward, despite his advancing years.

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Live Real Madrid blog: Mateo Kovacic suggests Real Madrid career is over

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Hello one and all, Dan Gillott with you throughout the day for every nugget of Real Madrid news.

The European Super Cup is approaching and the continent-wide transfer deadline is just three weeks away – expect the Bernabeu to get noisier.

1:50am – Mateo Kovacic suggests Real Madrid career is over

0808 Kovacic Modric

Mateo Kovacic has suggested his Real Madrid career is over despite his move to Chelsea being only a season-long loan deal with no option for the Premier League club to make the transfer permanent.

In a tweet, the Croatian midfielder said he had “decided to move on” and that his path was “now separate” from the La Liga side, going onto bid farewell to the fans.

Read the full story here.

5:19pm – Theo Hernandez joins Real Sociedad on loan for the season

Theo Hernandez.

Theo Hernandez.

Real Sociedad have announced the signing of defender Theo Hernandez on a season-long loan from Real Madrid.

Following the arrival of new head coach Julen Lopetegui, the Frenchman, 20, has been given the opportunity of more regular first-team football at the Anoeta Stadium.

Read the full story here.

3:00pm – Real big transfer brewing

LukaModric (2)
All Real Madrid wanted was a quiet summer, besides the arrival of Thibaut Courtois. It doesn’t look like they’re going to get it.

With Mateo Kovacic gone to Chelsea and Luka Modric pining for a move to Inter Milan, the midfield is becoming a problem. Read who is rumoured to be close to a move to the Bernabeu – and a return to Spain.

12:30pm – ‘Committed’ Max Allegri rejected Real Madrid 

Massimiliano Allegri 1

It all could have been so different if not for Max Allegri’s sense of honour. Instead of Julen Lopetegui replacing Zinedine Zidane at Real Madrid, Allegri would have been the man.

Here, he explains why he couldn’t leave Turin.

11:00am – Desperate Man United lodged interest in Raphael Varane

Ramos of Real Madrid celebrates with Rafael Varane

Perhaps we shouldn’t be surprised by this as Manchester United were on the hunt for every defender with a pulse. But according to various sources in the UK, chief executive Ed Woodward actually inquired whether World Cup winner Raphael Varane was for sale.

He didn’t get very far – read the full story here.

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Mateo Kovacic bids farewell to Real Madrid despite leaving only for a season-long loan

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Mateo Kovacic has indicated his Real Madrid career has come to an end.

Mateo Kovacic has suggested his Real Madrid career is over despite his move to Chelsea being only a season-long loan deal with no option for the Premier League club to make the transfer permanent.

In a tweet, the Croatian midfielder said he had “decided to move on” and that his path was “now separate” from the La Liga side, going onto bid farewell to the fans.

Kovacic joined Madrid in 2015 and made 109 appearances for the club. However, starts were limited with Luka Modric, Toni Kroos and Casemiro the first-choice midfielders, and the 24-year-old decided this summer that he would have to leave in order to get more regular playing time.

Madrid, however, are loathe to let him go on a long-term basis, as they recognise his potential and know he could be a future star in midfield, with the decision to not include an option to buy in his loan deal seen as confirmation.

But Kovacic’s farewell tweet has thrown that future into doubt.

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