The verbal agreement between Bundesliga heavyweights Bayern Munich and La Liga giants Real Madrid for next summer's transfer of French midfielder Franck Ribery was reported yesterday by Europolitan.de.
But today a report has come out of Ran.de that has outlined more details about the deal, lifting the lid on talks which have apparently been in the pipeline for some time already.
According to the German website, Dutch winger Arjen Robben's transfer to Bayern served as an initial deposit, locking Ribery in for a transfer exclusively to the Santiago Bernabeu. As such, Madrid has already paid half of the estimated €50 million that the French attacker will cost them in total.
The verbal agreement also apparently holds two caveats. The first clause is the aforementioned first refusal for Madrid. The second is that if Ribery decides to stay at Bayern and extend his contract, then Bayern will have to pay Madrid the €25 million they have still not handed over for Robben's transfer along, with a year's interest added to the fee.