SHOW ME THE MONEY

Last updated : 18 June 2003 By Editor

Kenyon on the transfer

"While we are sad to see David go after so many great years at Old Trafford, we believe this is a good deal for the club, and we now look forward to building on the success of last season's championship title.

"We wish David all the best in his new career in Spain and thank him for his fantastic contribution to the team's achievements in the last decade."

And for those of you who are interested here's the BBC's breakdown of the transfer.

£5.25m on completion of Beckham's transfer

£12.25m in instalments over next four years

£7m based on Real Madrid's performance in Champions League

Real Madrid sporting director Jorge Valdano said:

"We are extremely pleased with David's arrival. It is a strategic signing that will contribute to the club and the team becoming more competitive.

"Our relationship with Manchester United has been reinforced with this agreement, but there is no doubt that David's firm and unequivocal wish to play at Real Madrid has been the reason that this deal has been possible."