AS and Cadena SER are both reporting that Real have won the race ahead of Manchester City for the starlet, who shone in the recent under 21 European Championships Spain won.
It would be a slight surprise if only for the facts that Isco is thought to be a Barcelona fan and worked with Manchester City coach Manuel Pellegrini for the last two years at Malaga.
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Chelsea have struggled to build momentum in the opening stages of the campaign and are currently looking over their shoulders at the relegation zone.
Who of Europe’s top strikers will move to England this summer?