Reports less than two weeks ago suggested the Spanish club had reached agreement over a transfer of the 19-year-old, but El Confidencial believe a €56m has been agreed and settled from as early as the end of September.
The online publication claims that both clubs and the player have come to an agreement on the transfer, with an intial ‘yes’ from the player coming as early as July. They speculate that Sandro Rosell’s entry into negotiations with Santos delayed a summer 2011 deal.
Rosell had supposedly been in contact with the player and club through the 2010-11 campaign and was keen to start official talks only for a combination of the club’s financial balancing act and Pep Guardiola’s reluctance on the player cooling Rosell’s interest.
However, it did have the effect of delaying Real’s move and has subsequently seen the rise in Neymar’s valuation from the originally-agreed-upon fee of €45m. Florentino Perez is understood to have closed on the deal inside the last month and agreed to the €11m increase in price.
Of the €56m fee, 40% goes to the Sonda investment group that hold that same percentage of the player’s registration rights, 5% goes to agent Wagner Ribeiro for his role in the transfer and 10% goes to the player himself and his father.
Neymar will reportedly receive a €6m annual salary on a six-year contract and share his image rights with Real Madrid 50-50. The player currently receives more than €4m a year from his Santos wage and various sponsorship deals.
The transfer is believed to be set for summer 2012, after the London Olympics.