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Real Madrid clinch agreement with Real Mallorca for Marco Asensio

Real Madrid have struck terms over a deal for Real Mallorca winger Marco Asensio.

AS says Real Madrid have completed the signing of Asensio for a reported €3.5 million.

The 18-year-old will continue on loan at Mallorca under the end of the season; should Valery Karpin's side return to the Liga BBVA next season, that loan period will be extended.

However if Mallorca failed to gain promotion back to the top flight, Madrid will look for another club for him to join on loan.

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