Posted August 27, 2012 on AP on Fox
Slumping Real Madrid finally signed Luka Modric from Tottenham to close a summer-long transfer saga, with the Croatia midfielder agreeing to a five-year deal with the Spanish champions. Modric was in Madrid on Monday for a medical and to sign the deal, which comes at a reported cost of ?35 million ($44 million) to Madrid. Sunday's 2-1 loss at Getafe - which confirmed the club's worst start since 1973 - appears to have spurred Madrid into ending the drawn-out chase. The Spanish giant did not release financial terms of the deal. The 26-year-old Modric made 160 appearances for the north London club, scoring 17 goals, since joining in 2008 from Dinamo Zagreb for a fee of ?21 million (then $32.7 million). Modric has scored eight goals from 57 appearances with the national team. ''Luka has been a terrific player for us, whilst we preferred not to part with him, we are pleased that it is to Real Madrid,'' Spurs chairman Daniel Levy said. Modric's arrival also signals a possible exit f...
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