Real Madrid have signed Turkish and Fernabache wonderkid, Arda Guler, on a long-term contract.

Arda Guler, according to Goal.com, signed a six-year deal with Real Madrid and the amount paid for the young player could rise to €30m with add-ons.

Los Blancos have been seeking the services of Guler for a few weeks, and agreed to pay more than his reported €17.5m (£15m/$19m) release clause to seal the move. Fenerbache reportedly have a 20% sell-on clause for the 18-year-old.

The Spanish giants beat out arch-rivals Barcelona, and other big clubs for his signature.

Guler is Real’s fourth summer signing, joining Jude Bellingham, Joselu and Fran Garcia in what has already been a busy transfer session for the capital – based club.

Fenerbahce confirmed Guler’s departure on Thursday afternoon: “The parties have agreed on the transfer of our professional football player Arda Güler to the Spanish Club Real Madrid CF in exchange for the termination of the player’s contract with us for 20 million euros.

“The solidarity contribution fees that will arise as per the FIFA instructions will be paid by Real Madrid CF. “In addition to the transfer fee, a maximum bonus of 10 million Euros will be paid to our Club by Real Madrid CF, depending on the performance of the Player.”