OFFICIAL: Valverde renews Real Madrid contract until 2029, release clause at €1B

OFFICIAL: Fede Valverde signs new contract at Real Madrid until 2029,  release clause €1B

The club statement:

Real Madrid C. F. and Fede Valverde have agreed to the extension of the player's contract, which is linked to the club until June 30, 2029.

Valverde arrived at Real Madrid in July 2016, when he was only 18 years old. In his six seasons defending the first team shirt, he is already one of the best midfielders in the world. He has played 220 matches, in which he has scored 19 goals and won 9 titles: 1 Champions League, 2 Club World Cups, 1 European Super Cup, 2 Leagues, 1 Copa del Rey and 2 Spanish Super Cups.

Valverde has been MVP of the 2020 Spanish Super Cup final and Silver Ball in the 2023 Club World Cup.

The 25-year-old midfielder has become a key part of Carlo Ancelotti's side in Madrid.

The Uruguayan has played 220 games for the club, winning a whopping nine trophies including the Champions League and two LaLiga titles.

Now, Valverde has put pen to paper with a new contract at the Santiago Bernabeu, joining the likes of Eduardo Camavinga, Vinicius Junior, Rodrygo and Eder Militao have recently committed their futures.

Valverde, who joined the club from Uruguayan side Penarol, will see his salary increase.

His release clause - which currently stands at €1bn - will also reportedly be raised, according to the Athletic.

Madrid have reportedly been attempting to get there star players to sign new contracts with the club amid interest from clubs in the Premier League and Saudi Pro League.

And forming a partnership with England's new superstar Jude Bellingham for Los Blancos, there is a perfect blend of new and old in the team with the likes of experienced heads such as Toni Kroos and Luka Modric.