Ramos Renewing Contract with Real Madrid Until 2020

Sergio Ramos is staying put…

The 29-year-old Spanish soccer player has reached an agreement with Real Madrid to renew his contract until 2020, say officials from the Spanish futbol club.

Luis Suarez

The deal will be announced next Monday at the Santiago Bernabeu, the club officials added.

During the team’s Asia tour, Real Madrid president Florentino Perez resolved the renewal issue with the player, while Rene Ramos, the brother and agent of the Real Madrid right back and team captain, successfully found common ground with Real general manger Jose Angel Sanchez in Madrid on Wednesday.

The officials noted that Ramos’s salary would come in around 9 million euros (nearly $10 million) per season, in addition to remunerations for goals scored and titles won.

The thorny renewal issue with Ramos started after the 2014 FIFA World Cup, and while it quieted down for a time, recently regained its potency.

Reports speculated that Manchester United was pursuing the Spanish player, while some saw such rumors as an attempt by Ramos to pressure Real Madrid to pay his desired salary.