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Liverpool midfielder Xabi Alonso is expected to sign for Primera Liga giants Real Madrid on Wednesday after the two clubs agreed a fee believed to be in the region of $50 million for the Spanish international.
Xabi Alonso is set to become Real Madrid's latest big-money signing after joining from Liverpool.
The end of a summer-long saga over the 27-year-old's future ended on Tuesday when Liverpool issued a short statement effectively bringing to a close his spell on Merseyside.
The statement read: "Liverpool Football Club this evening confirm they have reached agreement for the sale of Xabi Alonso to Real Madrid, subject only to a medical. The terms of the deal will remain confidential and undisclosed."
Although Liverpool will not reveal the details of the deal, privately sources are maintaining that manager Rafael Benitez had finally got his way over the transfer fee. Latest transfer gossip and rumors
It is believed that Madrid made another attempt to end the deadlock on Tuesday with an offer of $50m that will rise to $57.5m depending on Alonso's success over the first two years of what is believed to be a five-year contract.
Real Madrid issued a statement of their own, confirming he will have a medical on Wednesday.
Assuming all goes well, Alonso will join his former Liverpool team-mates Alvaro Arbeloa -- who moved last week for $6 million -- and goalkeeper Jerzy Dudek at the Bernabeu. source: cnn.com