Isco has agreed a new contract with Real Madrid, which will keep him at the Bernabeu until 2022, the club has confirmed.
The Spain midfielder, whose previous deal was due to expire in 2018, will pen a five-year extension.
In a statement released on Thursday, Madrid said the player would appear before the media on Friday.
Isco has been in superb form for the European champions, since he was called into the starting line-up, following an injury to Gareth Bale last season. He went on to help the team win the Champions League and La Liga title.
According to AS, the 25-year-old will earn an annual salary of €6million on his new contract, which reportedly has a €700m release clause in it.
The report adds that Madrid are keen to include large release clauses in their players’ contracts, to avoid the scenario that saw Barcelona lose Neymar, after Paris Saint-Germain activated his €222m clause.
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