Sports

Karim Benzema signs new Real Madrid deal with €1BILLION release clause

Karim Benzema signs new Real Madrid deal with €1BILLION release clause

Real Madrid have retained a watching brief for Tottenham striker Harry Kane.

Two months ago, Madrid's management had informed Benzema about his contract renewal proposal. "Tomorrow, Thursday, at 2:00pm CEST, Benzema will speak to the media in the press room at the Santiago Bernabeu".

The deal is understood to contain a release clause of €1BILLION [£890million].

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It has outperformed by 30.37% the S&P500.The move comes after 8 months positive chart setup for the $1.94 billion company. First Heartland Consultants Inc. owned 0.08% of McDermott International worth $983,000 as of its most recent SEC filing.

Of course, Arsenal have been regularly linked with a move to sign the former Lyon striker over the past two or three seasons but a deal has failed to materialise. That deal was set to expire in 2019.

"Proud and happy to remain part of this lovely adventure in the best club in the world @KBNueve2021 #realmadrid", Benzema tweeted Wednesday. José Mourinho once nicknamed Benzema "the cat" as the Portuguese manager suggested he was not always fully firing in early training sessions but Benzema knuckled down and has won the trust of successive Bernabéu bosses. He is a three-time Champions League victor and two-time La Liga champ during his tenure with the Spanish soccer power.

Benzema registered 11 goals in 29 La Liga matches last season while missing time with a hamstring injury, but he was instrumental in helping the club to an unprecedented repeat performance in the UEFA Champions League by scoring seven goals in 16 matches. He posted a video of his workouts Monday on Twitter, saying that he is working hard and will be back soon.


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