Marco Asensio will have a 700 million euro release clause

Real Madrid have made the player's contract renewal official

Asensio will speak on Friday in a press conference after sealing a deal to 2023

Zidane está dando muchos minutos a Marco Asensio
Zidane está dando muchos minutos a Marco Asensio | EFE

Real Madrid have made official Marco Asensio's contract renewal to June 2023, which will have a release fee clause of 700 million euros according to Diario AS, though they initially said it would be 500m. 

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Florentino Perez has tied down the youngster with an anti-Sheikhs clause, renewing another player after Isco, Varane, Marcelo, Carvajal, Benema and others in recent months.

Asensio will speak on Friday at 2pm at the Santiago Bernabeu. The 21 year old is only in his second season at Real Madrid but is flying.

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