Real Madrid midfielder Luka Modric is set to stay at the Bernabeu for another year after agreeing a 12-month contract extension with Los Blancos that will include a pay cut.

Modric will turn 36 early next season, but the 2018 Ballon d’Or winner has remained an important part of the Madrid team and will take his career in Spain into a 10th season.

Modric is thought to have accepted a pay cut to stay at Real

AS claims that a new contract has been fully agreed by both parties, with only the official announcement of the new deal to come.

It is said that Modric’s willingness to stay at Real motivated him to accept the proposed pay cut, which is important to the club in light of the massive financial impact of the coronavirus pandemic.

The Croatia international has won it all since joining Los Blancos from Tottenham in 2012. His trophy with the club was the Copa del Rey in April 2014, soon followed by the Champions League a month later when Real finally secured the previously elusive Decima in Europe.

Modric now has four Champions League titles under his belt and is gunning for a fifth in 2021, as Real meet Chelsea in this season’s semi-finals in the coming weeks. He also has two titles in La Liga, hoping to make it five in what has become as a surprisingly close domestic race, as well as three each in the Supercopa de Espana, UEFA Super Cup and FIFA Club World Cup.

Modric will continue his midfield partnership with Toni Kroos

Madrid are also in the process of securing Karim Benzema to a new contract until 2023, although no progress appears to have been made with club captain Sergio Ramos, who is less than three months away from potentially leaving the Bernabeu as a free agent.

Los Blancos and Ramos have been unable to reach a compromise on what the player has asked for and what he club is prepared to offer, while the club captain appears prepared to say goodbye as things stand.

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