Laliga giants Real Madrid have signed David Alaba from Bayern Munich on a five-year contract.
Madrid announced Alaba signing in a statement on their official website on Friday.
“Real Madrid C. F. has reached an agreement with David Alaba for the player to join the club for the next five seasons.
“David Alaba will be unveiled as a new Real Madrid player after the end of the 2021 European Championship.”
Sky in Germany reports the deal with Real will earn Alaba around £10.5m per year following the expiration of his Bayern contract.
Alaba had been at Bayern since 2008 but turned down multiple offers to extend his contract, including a €15m-a-year deal, but talks ceased in November.
He enjoyed a prolific 13 years in Bavaria, winning 10 Bundesliga titles, two Champions Leagues and six German Cups.
The Austria international had also been attracting interest from Premier League sides, including Liverpool and Manchester City.