Tottenham sign Özil
Tottenham Hotspur have today confirmed that they have come to an agreement which will see German midfielder, Mesut Özil swap the Bernabeu for White Hart Lane after completing a season long loan switch.
Tottenham were one of several clubs looking at the midfielder, with Manchester United, Manchester City and PSG also keeping tabs on the creative playmaker.
Tottenham are believed to have swooped first, and although other clubs were set to hijack the deal, sources inside the club were confident that the deal would get done. Tottenham chairman, Daniel Levy, felt that Tottenham's relationship with Real Madrid would give them an advantage over their other competitors who were looking to land the German's signature.
Tottenham formed the partnership with Real Madrid after the sale of midfielder Luka Modric in 2012, which would see the clubs share players and coaching staff. It is believed that Tottenham will be paying around 50% of the German's wages, while paying around £1.1M per month for the player.
In other news, Tottenham have confirmed that Spanish playmaker Iago Falque has left the club in a deal thought to be worth around £4,500,000. Falque had a torrid time at Spurs, and will now be joining Crystal Palace. Adam Smith has also left the club. The English fullback is expected to join up with his new teammates at the West Bromwich Training ground after sealing a move away from Spurs in a deal worth around £2,800,000.