Jude Bellingham is set to become Real Madrid's second-highest earner as his contract has been revealed, according to reports.
The England star has been heavily linked with a move to Madrid in recent weeks after Liverpool pulled out of a deal for the Borussia Dortmund midfielder.
Now, the details of his proposed contract at Real Madrid has been revealed, as reported by SER Deportivos.
The report states that Bellingham will sign a six-year contract which sees him become the club's second highest earner behind Eden Hazard.
Furthermore, Bellingham will have a reported release clause of £875million, the equivalent of €1billion.
While it was reported earlier this week that Los Blancos are close to reaching an agreement over the move, the transfer fee has still not been revealed.
SER Deportivos continues to report that in recent weeks the 'operation' of the transfer took a huge turn towards Real Madrid's favour due to Liverpool ruing themselves out of the race.
This was down to the 'high cost' of the transfer alongside 'problems certifying their qualification for the Champions League', which was important for Bellingham next season.
Therefore, Manchester City and Real Madrid were believed to be the only side's in for Bellingham this summer as Paris Saint-Germain watched on from afar.
With the Englishman already telling Los Blancos about his desire to join them, it is thought that negotiations will be handled smoothly while Real Madrid's strong relationship with Borussia Dortmund will hope when agreeing a fee.
The Champions League champions are yet to put a bid to Dortmund, and are likely to propose an initial £100m, but do not anticipate any issues over agreeing a final fee as Bellingham is expected to become a Real Madrid player by July.
Real Madrid chief scout Juni Calafat is thought to have met Bellingham's father in London last month and is keen to see the midfielder lead Los Blancos into a new era alongside Aurelian Tchouameni and Eduardo Camavinga.
It remains to be seen as to when a deal is announced, but with the latest reports it is believed that Bellingham will put pen to paper on a lucrative deal in Spain.