Marco Asensio has reached an agreement over a new contract with Real Madrid, the club have confirmed.
The Spain forward, who joined Madrid from Mallorca, will be contracted to the European champions until the summer of 2023.
Asensio, who starred for Spain at the Euro Under-21 Championships in the summer, has been on fine form this season, scoring four goals.
The six-year deal also includes a staggering 500 million euro (£442 million) release clause, according to Spanish newspaper AS.
Raphael Varane, Marcelo, Isco and Dani Carvajal have also extended their deals to 2022 over the past fortnight, while Karim Benzema signed until 2021 as Real reward key members of the squad that became the first side to retain the Champions League trophy in June.
A new contract for coach Zinedine Zidane is also imminent with the Frenchman repeatedly stating his deal is “done”, although no official announcement has yet been made.
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