Palermo have confirmed the signing of FC Midtjylland defender Simon Kjaer.
"You realise how special this kid is when Liverpool watch him and tell you he's good enough to play in their first team," said agent Mikkel Beck.
"Lille and Monaco were the first to show an interest, then Real made a much better offer and it was turned down. He is worth a lot more."
Palermo have not confirmed the financial details, but have put him under contract from July 1, 2008.