Real Madrid will reportedly sign River Plate midfielder Exequiel Palacios for €23 million in the January transfer window.
According to TyC Sports (h/t Veronica Brunati at AS), Los Blancos will loan Palacios back to the Argentinian side for the rest of the season, and he will make the move to the Santiago Bernabeu in August 2019.
Real Madrid will offer the young midfielder, who has also attracted interest from Barcelona and Atletico Madrid, a five-year deal with the Spanish giants, per Brunati.
This article will be updated to provide more information on this story as it becomes available.