Luka Modric has agreed a new contract with Real Madrid.

The veteran midfielder, reports AS, has settled terms on a new 12 month arrangement.

Modric will also be offered a role with the club once he hangs up the boots.

However, if he maintains this season's form next term, Modric will be offered another year's playing deal.

Modric has played 430 games for Real Madrid since arriving in 2012 from Tottenham.