Report: Real Madrid to sign Jovic for €60m

Eintracht Frankfurt v FC Schalke 04 - Bundesliga Jovic
FRANKFURT AM MAIN, GERMANY - NOVEMBER 11: Luka Jovic of Eintracht Frankfurt celebrates after scoring his team's second goal during the Bundesliga match between Eintracht Frankfurt and FC Schalke 04 at Commerzbank-Arena on November 11, 2018 in Frankfurt am Main, Germany. (Photo by Alex Grimm/Bongarts/Getty Images)

Luka Jovic is reportedly closing in on a £52.4m (€60m) move to Real Madrid from Eintracht Frankfurt, according to Sky sources.

The 21-year-old Serbia international striker is set to sign a five-year contract with the Spanish giants, which will earn him £43.7m (€50m) in total or £8.7m a year.

Frankfurt will pay Jovic’s former club Benfica around £10.5m of the transfer fee.

The striker joined Frankfurt on loan from Benfica in the summer and last month the Bundesliga club exercised their option to make the move permanent.

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After starting out at Red Star Belgrade, Jovic joined Benfica in 2016 but played just four times for the Portuguese club before heading to Frankfurt on a two-year loan deal.

Jovic has been in prolific form this season, scoring 17 goals in 31 Bundesliga appearances this season and 10 more in the Europa League, where Frankfurt lost to Chelsea on penalties in the semi-finals.

Chelsea v Eintracht Frankfurt - UEFA Europa League Semi Final : Second Leg
LONDON, ENGLAND – MAY 09: Luka Jovic of Eintracht Frankfurt celebrates after scoring his team’s first goal with Mijat Gacinovic during the UEFA Europa League Semi Final Second Leg match between Chelsea and Eintracht Frankfurt at Stamford Bridge on May 09, 2019 in London, England. (Photo by Alex Grimm/Bongarts/Getty Images)

Frankfurt still have two Bundesliga fixtures remaining this season – away to Bayern Munich and at home to Wolfsburg – after which there is likely to be an official announcement on Jovic’s future.

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