Real Madrid have finally reached agreement with Santos over Robinho, ending any floundering hopes Arsenal had of landing the player.
For months, Real have been tracking the Brazilian starlet and they agreed terms with the player's representatives some months ago.
However, Santos had thus far refused all of Real's offers.
Arsenal made a move last week, but that has seemingly just spurred Real into sealing the move - although Robinho always underlined his intent to move to El Santiago Bernabeu.
Agreement was reached late on Friday at Santos president Marcelo Teixeira's house and Real will pay €25 million for Robinho - although Santos will only receive 60 percent of that, as the player's agent Wagner Ribeiro owns the rest of him.
The last straw for Santos was when Robinho failed to turn up for training on Friday, following his participation at The Confederations Cup in Germany.
Real's sporting director Emilio Butragueno was confirmed his delight at Robinho's impending arrival in the Spanish capital.
"Robinho has been the soccer sensation of the last year," he said.
"Although he is very young, his contribution to Real Madrid can be spectacular. Luxemburgo only took seconds in giving his opinion. Wanderley is enchanted by his arrival."
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