Modric on his way to Madrid

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Updated: August 27, 2012

Luka Modric will complete his protracted transfer Real Madrid, subject to a medical, after Tottenham confirmed they have reached an agreement with the Spanish champions.

The announcement ends weeks of negotiations for the 26-year-old who had made no secret of his desire to join Madrid, calling the move a “dream”.

While no fee has been disclosed, reports claim it will comprise of £27million plus £6m in various add-ons – up to £7m LESS than London rivals Chelsea were willing to pay last summer.