Toni Kroos officially completes transfer to Real Madrid

Wednesday July 16th, 2014

Bayern Munich midfielder Toni Kroos officially signed with Real Madrid on Thursday, the club announced.

A Spanish report from Wednesday said a deal for the German international was imminent.

No terms of Kroos's transfer were announced, but The Guardian reports Real Madrid paid a transfer fee of approximately £20 million and that Kroos agreed to a six-year deal worth about £5.3 million annually after tax.

Kroos' contract with Bayern Munich had one year remaining, but he reportedly turned down the team's renewal offer. The Guardian reported that Kroos met with his agent Tuesday while vacationing in Majorca after Germany's World Cup victory.

“We thank Toni Kroos for his time in Munich,” said Karl-Heinz Rummenigge, the Bayern chief executive. “We have achieved great success with him here. We wish him and his family all the best in Madrid and with Real.”

Kroos finished the 2014 FIFA World Cup with two goals and four assists. Both goals came during Germany's 7-1 victory over Brazil in the semifinal game.

MORE PLANET FUTBOL: Germany's World Cup title a result of total overhaul

Real Madrid won the UEFA Champions League last season, topping Bayern Munich in the semifinal round. 

- Sarah Barshop and Ben Estes


SI Apps
We've Got Apps Too
Get expert analysis, unrivaled access, and the award-winning storytelling only SI can provide—from Peter King, Tom Verducci, Lee Jenkins, Andy Staples, Grant Wahl, and more—delivered straight to you, along with up-to-the-minute news and live scores.