The Spain international committed to a new five-year contract and now has a buy-out clause worth a reported €700 million

Real Madrid have announced that Isco has signed a new five-year contract, keeping him at the Santiago Bernabeu until June 2022.

The 25-year-old is set to earn €6 million per season and has a staggering €700m release clause, according to reports in Spain.

A number of teams, including Barcelona and Bayern Munich, were linked with a move for the Spain international as he entered the final year of his deal.

However, an impressive run of form in the first team towards the end of 2016-17 saw the playmaker cement his place in the plans of head coach Zinedine Zidane and earn a renewal.

The 25-year-old, who has won 10 major trophies in four years since joining Madrid from Malaga in 20-13, is set to address the media at the Santiago Bernabeu on Friday.


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