The Serbia international was supposed to move to Tuscany on loan from the Merengues, but according to Sky Sport Italia, the Serie A side managed to secure the striker’s signing almost for free.
Jovic will be in Florence on Saturday 9 and will sign a two-year deal with the Tuscans. Clubs’ directors are completing paperwork as we write, according to the report.
Jovic will receive a payout from Real Madrid and earn €2.5m per season in Florence until 2024. He will have an option to extend his stay for two more years, getting €5m per season.
Real Madrid will own 50% of any future sale of the striker in the next two years.
Jovic joined Real Madrid for a reported €65m fee in 2019 but failed to justify his price tag at the Santiago Bernabeu, scoring just three goals in 47 games.