Real Madrid and Borussia Dortmund have reached an agreement for the transfer of Jude Bellingham, who is now undergoing a medical in the Spanish capital.

Real have agreed to pay an initial €100m plus adds-ons – Dortmund had insisted on an overall transfer fee of €150m and sources have told they are ‘very happy’ with the agreement reached.

Bellingham is already in Madrid to undergo medical tests, allowing the England star to continue rehab on a knee issue which hampered the end to his season with Dortmund. The injury looks set to rule him out of the Three Lions’ forthcoming Euro 2024 qualifiers against Malta and North Macedonia despite being included in Gareth Southgate’s squad.

The agreement between Real and Dortmund comes after contract terms were finalised with Bellingham at the beginning of May.

The transfer is also welcome news for Bellingham’s former club Birmingham, who are due around 5% of the deal.