Premier League - Spurs settle on Modric fee

Eurosport - Wed, 30 Apr 12:37:00 2008

Tottenham Hotspur have agreed a fee of £16.5 million fee for Dinamo Zagreb midfielder Luka Modric.

FOOTBALL 2008 Friendly match Croatia Modric - 0

Modric, a key part of the Croatia national side that beat England 3-2 at Wembley last November, will join the north London club in the summer for £16.5 million.

The playmaker was at White Hart Lane on Saturday to be unveiled to fans before Spurs' 1-1 draw with Bolton, though the deal was yet to be finalised.

Initial reports had suggested that the 22-year-old would join for around £1 million less than the final amount agreed.

A statement on the club's official website said that Modric will be signed "for a total consideration of Euro 21 million (£16.5 million), payable in instalments over the next four years."

The statement continued: "The player's contract is for a period of up to six years and the agreement is conditional upon the granting of a work permit."

The fee will equal the club record paid out for a player set by the signing of striker Darren Bent from Charlton Athletic last summer.

Eurosport