Luka Modric and Real Madrid reach 'total agreement over contract renewal' and will 'stay until 2024'

Luka Modric has reportedly reached a 'total agreement' with Real Madrid over his contract renewal, with the midfielder 'set to remain at the club until 2024.'

According to Relevo, 'the terms have been agreed and the contracts have been drawn up and approved by both parties' with the 37-year-old set to 'stay in the club's second salary scale, only behind Karim Benzema and Eden Hazard.'

While the extension is yet to be formalised, the Croatian, who's current deal will expire in June, is expected to sign the paperwork 'in the coming days'.

Modric remains a doubt for Real Madrid's Champions League semi-final match against Manchester City on Tuesday, after recently picking up a thigh injury late last month, but according to the Spanish outlet, could execute the deal in the days before the match.

It comes as Modric had previously dispelled rumours that he could join former teammate Cristiano Ronaldo playing in Saudi Arabia, making his intention to stay at the club clear back in March, saying: 'I hope and believe I will stay at Real Madrid.'

He will now join Toni Kroos who also seems to have agreed terms to extend his contract at the Bernabeu for another 12 months.

But this is no coincidence, as Mail Sport understands Carlo Ancelotti is hoping to use Modric and Kroos to help aid the transition of potential newcomer, Jude Bellingham.

The England midfielder, should he sign for the Galacticos, will become the heir apparent to the Croatian's position in midfield if he departs the club in 2024.

But it seems Madrid are now the front runners to secure the signature of the Borussia Dortmund midfielder, who will no doubt be able to develop under the mentorship of two players that have a combined 889 appearances and several Champions League winners medals between them.

Modric, who joined the club from Tottenham in 2012 for £33 million has gone on to become one of the greatest midfielders of his generation, winning the Ballon d'Or in 2018.

Returning 37 goals and 77 assists for Los Blancos across 480 appearances in all competitions, the Croatian's experience, having also claimed five Champions League medals and three LaLiga titles would make him a fantastic mentor for 19-year-old Bellingham.