He has agreed a deal with Real until 2029, earning 15m euros (£12.8m) a season, plus a 150m euro (£128m) signing-on bonus to be paid over five years, and he will keep a percentage of his image rights.
The Frenchman will get the chance to play alongside Luka Modric, with the Croatian midfielder set to sign a new one-year extension with the club.
Modric, 38, came on as a substitute as Madrid won their 15th European Cup title with a 2-0 win against Borussia Dortmund at Wembley on Saturday.
The former Tottenham midfielder’s current deal expires later this month, but he is expected to stay for a further 12 months.
German Toni Kroos, 34, made way for Modric with four minutes remaining on his final appearance for the club after 10 years.
Real will hold a trophy parade through the Spanish capital on Sunday night following their record-extending success.
Seventy-four years into their existence, having been founded in 1950, the chance for Stade Brestois to finally make their European debut has been long-awaited.
Naturally, other clubs have tried to implement similar recruitment models, but Schafer believes Leipzig's record keeps them ahead of the curve."You will not fin
Key Takeaways Thomas Muller broke the record for most Champions League appearances on the 17th September 2024. The record, previously held by Xavi, high
Manchester United is in the midst of an aggressive revamp, but it is lacking that one central figure who can change the complexion of its attack. The Red De