Real Madrid continues series of renewing star contracts

Real Madrid are preparing to continue the series of renewals of the players' contracts, which are being carried out by the Royal Administration in recent days.

The AS newspaper revealed the royal club's intention to extend the contract of Marco Ascencio until 2023, with 500 million euros as a penalty.

The extension comes after the club extended the contracts of Marcelo, Carvalho, Isco, Karim Benzema and Marcos Yorenti, as well as continuing the renewal negotiations with Tony Crosse, Luca Modric, Lucas Vasquez, Gareth Bell and Cristiano Ronaldo.

The official announcement and signing of the contract will take place at a ceremony in the Bernabeu after Borussia Dortmund's Champions League match this week.

The two sides agreed on the terms of the new contract on July 21, but waited for the end of the second round of the Champions League for the official announcement.

Asencio agreed to add another 3 years to his contract, ending in 2023 instead of 2020, and the management of the Royal Club has imposed a significant penalty clause of 500 million euros, so that senior Europeans move away from Spanish talent.