Real Madrid have announced the signing of 18-year-old forward Marco Asensio from Mallorca on a six-year deal.
The teenage forward revealed earlier this week that he had agreed to join Los Blancos and that deal has now been confirmed by both clubs.
However, the Spaniard will remain on loan at Mallorca until the end of the season, before officially moving to the Bernabeu next summer.
Asensio, who passed his medical earlier this morning, is widely regarded as one of the best young talents in European football.