RUMOURS: Isco signs new Real Madrid deal

Isco has inked a new five-year deal with Real Madrid, according to  AS.

Real Madrid star Isco has signed a massive new deal with the club with an outrageous €700 million release clause, according to reports in Spain.

The Spain international has committed the next five years of his career to the Galacticos following steady speculation he would be moved on.

While Manchester United target Gareth Bale was injured last season, the left-footed ace stepped up to help Madrid secure the La Liga and Champions League double.

Isco will pocket around 120,000 per week, according to Spanish paper AS.

After the second leg of the Spanish Super Cup final on Wednesday , Real Madrid are expected to reveal the huge new deal.

There was little speculation around Isco this summer and reports in Spain claim he penned his monster new terms before they went on their pre-season tour of America on July 10.

However the club and Isco agreed to keep the news quiet and save the announcement for a late boost just days before the La Liga season starts…

Isco celebrates scoring sublime winner against Manchester United in Skopje