Headline: Real Madrid Finalizes Contract Renewal with Vinicius Jr. Until 2032
The saga is finally over. Real Madrid have at last reached an agreement with superstar Vinicius Jr. over a contract renewal after more than over a year of negotiations.
The development has been confirmed by David Ornstein of The Athletic and Fabrizio Romano as well.
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New contract close after breakthrough in negotiations
Following Wednesday’s meeting between the club and the Brazilian’s representatives, the long-running renewal saga is now close to reaching its conclusion. Both sides left the talks satisfied after finally finding common ground.
Real Madrid improved their latest offer, without matching Vinicius’ original salary demands, and asked for a swift response. That response appears to have arrived quickly, with the renewal now on the verge of being finalised.
The new deal will keep Vinicius at the Santiago Bernabeu until 2032.
Improved contract
Real Madrid never reached the figures Vinicius initially requested, believed to be €30 million per year, including salary, bonuses, as well as a renewal bonus.
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He will not receive the figures he originally sought, but, as previously reported, his new contract is expected to be worth close to €24 million net per season, plus add-ons.
The Brazilian feels the club have made a significant effort and offered a salary that reflects his standing within the squad.
Bringing a long-running saga to an end
The renewal brings to a close one of the biggest stories surrounding Real Madrid over the past season and a half.
Going nowhere. (Photo by Denis Doyle/Getty Images)
Throughout the process, both the club and the player consistently expressed their desire to continue together.
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Florentino Perez and Jose Mourinho repeatedly made it clear that Real Madrid wanted Vinicius to remain, while the Brazilian regularly described the Merengues as “the best club in the world” and insisted he wanted to stay.
The negotiations accelerated after Arsenal entered the picture. The Premier League champions launched a serious attempt to sign Vinicius, with optimism growing inside the Emirates that a deal could be completed.
However, Real Madrid moved swiftly, raised their offer, and an agreement has now been finalised for Vinicius to remain at the club for six more years until 2032.