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Announcement Of Neymar’s £88m Move To Real Madrid Delayed Due To Presidential Elections

Bernabeu clinch star signing but must wait until next summer.

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Real Madrid have secured the signature of Santos forward Neymar but cannot announce the deal due to the Brazilian club’s presidential elections.

Los Blancos have beaten rivals Barcelona to the 19-year-old and will cost Real £52million, plus £6million per season for a six-year-contract, totalling the deal at £88million.

The Brazil international completed  a medical at hospital in Sao Paulo last week with Real’s chief of medical services, Dr Carlos Diez.

But neither club can officially announce the move until December so as not to hamper the re-election of Santos president, Luis Alvaro Ribeiro, according to Marca.

Neymar’s huge pay packet puts him in the same bracket as Iker Casillas, and is only surpassed by Cristiano Ronaldo.

Barcelona president Sandro Rossell was very keen on signing the teenager and even met the youngster’s father to try and clinch a deal.

But Madrid have pulled off a coup by signing Neymar but must wait until after London 2012 next summer to see him arrive at the Bernabeu.

This allows him to play at the Club World Cup in December, and be present at Santos’ centenary in April, in which Real will play a friendly.

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More Stories FC Barcelona Luis Alvaro Ribeiro neymar Real Madrid CF sandro rossell Santos