Photo: Isco (Real Madrid)
According to the Blancos’ statement, the 21-year-old Francisco Roman Alarcon, a native of the southern town of Benalmadena, will undergo a medical exam and be presented to the fans and media on July 3.
The signing adds one of Spain’s most promising young talents to Real Madrid’s first-team squad and disappointed the hopes of the new manager of English club Manchester City, Manuel Pellegrini, who had coached Isco at Malaga and hoped to bring him on board with the Citizens.
Isco, who was named winner of the Golden Boy award in 2012 for the best young soccer player in Europe, scored 14 goals over two seasons with Malaga and helped lead that team to a Champions League quarterfinal berth this past season.
He also was one of the standouts on the Spanish side that captured the title at this month’s European Under-21 soccer championship in Israel, and he made his debut with Spain’s main national squad in February of this year in a friendly against Uruguay.
Isco is the first big signing by Real Madrid under the tenure of new manager Carlo Ancelotti, who took the reins of the club this week.
He will have to compete for playing time on the squad, however, with top-caliber midfielders such as Germany’s Mesut Ozil and Croatia’s Luka Modric.