Summary:
Real Madrid have signed a teenage midfielder from Mallorca for an undisclosed fee.

Full article:
Real Madrid have confirmed the signing of highly-rated midfielder Marco Asensio, but the 18-year-old will stay at Mallorca until the end of the current season. Asensio, a member of Spain’s Under 19 squad, has penned a six-year deal with the reigning European champions. ‘Real Madrid and Mallorca have reached an agreement for the transfer of Marco Asensio, who will join our club for six seasons,’ read a statement on the club’s official website. ‘The player will remain at Mallorca until the end of the current season.’ Marco Asensio (right) jostles for possession as the Spain Under 19 team play Germany in a friendly . Asensio (centre) will spend the rest of the season on loan at Mallorca before joining up with Real . Despite interest from Barcelona, who came close to completing a deal for the teenager in the summer, Madrid have trumped their rivals to a player who had also been linked with Arsenal, Manchester United and Chelsea. Last week Madrid boss Carlo Ancelotti described Asensio as ‘a great player’, when asked about him during a press conference and Asensio himself confirmed the move was imminent on Sunday. ‘I have decided to go to Madrid and I am happy with my decision,’ he said after Mallorca’s 1-0 defeat to Sporting Gijon. Asensio, who made his debut for Mallorca in October 2013, has scored three times in Spain’s Segunda Division this season.