Official announcement:
"Real Madrid C. F. and Chelsea FC have agreed on a deal for the player Eden Hazard," the Spanish side said in a statement on Friday night. "The player will join the club for the next five seasons, until the 30th June 2024. Eden Hazard will be presented as a Real Madrid player on Thursday 13th June at the Estadio Santiago Bernabéu, after undergoing a medical with the club."
Multiple reports on Thursday reported an agreement worth up to €146m (£130m) for the star player had been reached between the clubs, of which €100m (£88m) was an upfront payment.
The Belgian international is the third arrival at Madrid this summer following FC Porto defender Eder Militao and Eintracht Frankfurt striker Luka Jovic.
Hazard, 28, has been heavily linked with a move to the outgoing European champions with reports that he is currently house-hunting in the Spanish capital.
Hazard has spent a successful seven years at Stamford Bridge, winning the Premier League twice, one FA Cup and two Europa League titles, since a 2012 move from Lille.
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