LONDON: Tottenham have agreed a deal to sell playmaker Luka Modric to Spanish giants Real Madrid.
The club announced on their website today the 26-year-old Croatia international will be joining Real subject to a medical.
It is understood the fee is around £33million.
The two clubs also announced a partnership that, according to Spurs' statement: "will see the two clubs working together in respect of players, coaching, best practices and commercial relationships."
Spurs chairman Daniel Levy said: "Luka has been a terrific player for us and, whilst we preferred not to part with him, we are pleased that it is to Real Madrid, a club with which we now look forward to sharing a long and productive partnership."
Real Madrid president Florentino Perez Rodriguez said: "The strong relationship and affinity between our two clubs has resulted in the cementing of a longer-term partnership and the successful transfer of Luka Modric.
"We are delighted to welcome Luka and look forward to working closely with Tottenham in the coming years."
Modric made 160 appearances for Spurs, scoring 17 goals, after joining from Dinamo Zagreb in the summer of 2008.