The 23-year-old follows the signing of another key midfielder from the World Cup, Germany’s Toni Kroos who joined for a bargain £20m, and will be given the No10 shirt which was last worn by Mesut Özil.
He passed a medical in the Spanish capital on Tuesday morning and has agreed a six-year deal at the Bernabéu. Real Madrid will present him to the fans in their stadium at 7pm BST.
A Real Madrid statement read: “Real Madrid have reached an agreement with Monaco for the transfer of James Rodríguez, who will join the club for the next six seasons.
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