Bayern Munich's Kroos close to completing move Real Madrid

Bayern Munich's Kroos close to completing move Real Madrid

Published Jul. 16, 2014 1:17 p.m. ET

Bayern Munich midfielder Toni Kroos is on the verge of joining Real Madrid after revealing to a Spanish newspaper he expects the move to go through Thursday or Friday.  

Bayern chairman Karl-Heinz Rummenigge confirmed on Tuesday that negotiations had been opened up with the Champions League winners.

Kroos, whose contract with Bayern has only a year left to run on it and who has turned down their offer of a renewal, is currently on holiday in Mallorca after winning the World Cup with Germany.

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While on the Spanish island, he met up with his agent on Tuesday before confirming his intentions to sports daily AS. "I'll be going to Madrid either tomorrow or the day after," Kroos said.

A fee of around €25 million is reportedly being demanded by Bayern for the former Bayer Leverkusen midfielder, who impressed in Brazil. Kroos, 24, was also reported to be a target of Manchester United this summer, but Real appear to have won the race to sign him with an official announcement now expected this week.

Earlier in the day, leading sports newspaper Marca claims the European champions have activated Navas' 10million euro release clause, paving the way for the international to move from the Valencia region to the Bernabeu.

The transfer would, however, have ramifications for Madrid 's Diego Lopez, who Marca reports is set to move to either Serie A side Napoli or Monaco. Lopez was Madrid's first-choice goalkeeper in Primera Division matches last season but club captain Iker Casillas started every game in the Copa del Rey and throughout Real's successful Champions League campaign.

However, the signing of 27-year-old Navas, whose outstanding performances in Brazil helped his nation top Group D and reach the World Cup quarter-finals for the first time, means serious competition for Casillas. The 31-year-old flopped in Brazil, conceding seven goals in Spain's defeats to Holland and Chile which saw Vicente del Bosque's side crash out of the tournament at the group stage.

Last month Levante president Quico Catalan denied Real Madrid had moved for Navas, but acknowledged his club had rejected an offer from Real's local rivals Atletico, who had offered 6million euros plus winger Leo Baptistao.

Bayern Munich were believed to be in the driving seat to sign Navas, but Marca claims the goalkeeper will begin next season in Madrid, the club only confirming his move officially once Lopez's future is resolved.

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