On Wednesday, news organizations claimed that a deal had been reached for roughly $100 million, with an additional $20 million in add-ons. Dortmund acknowledged that the remaining payment would be 30% of the initial cost.
Madrid took the final step to sign the England international during the summer transfer window after receiving the go-ahead from the 19-year-old a few weeks earlier.
Bellingham, one of European football’s top prospects, was acquired by Madrid by defeating competition from Manchester City and, earlier, Liverpool.
Following their La Liga second-place finish behind Barcelona and their elimination by Manchester City in the Champions League quarterfinals, the Spanish giants are hoping to bolster their roster this summer.
According to various news reports from last month, Madrid was certain it could sign the player before City, and as a result, club personnel travelled to Germany to meet with Dortmund in person.
In July 2020, Bellingham moved from Birmingham City to Dortmund.
He made 31 league appearances this season, scored eight goals, and even served as the team’s captain as he established himself as one of the top players in the Bundesliga after just three years in the country.
He started each of England’s five games during the 2022 World Cup in Qatar, where he shone for his country.
In recent years, Madrid has adopted a program of acquiring young talent, and players like Vinicius Junior, Rodrygo Gomes, Federico Valverde, and Camavinga are now recognized as important members of the first squad.
Bellingham is not anticipated to be the only player to arrive at the Bernabeu this summer as Madrid is also aiming to strengthen the team in a number of positions, notably by bringing in a forward to replace Karim Benzema, who signed with Saudi Arabia’s Al Ittihad this month.