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This is news should be more than 3 weeks ago since his one year contract deal was signed, though I'm not impressed but as a legend that he is, they keep renewing it instead of giving him a full comract, the last 3 contract his signed were chopped of 1 year but I'm sure that Modric is closed to been retirement than we we might see, perhaps after this season he will decide to stay but this time as an assistant coach to Anceloti just as the club want for Kross as well but he want to go further that place.
I looked for some of the latest sources regarding Luca Modric and it seems that he is still staying at Real Madrid.
Some of the news related that I found were these:
Luca Modric will become the captain after Nacho leaves Real Madrid this season. And indeed, if Modric plays, then he is the one who deserves the most to be captain, with his experience, trust, position, and also of course his demeanor on the field and mental readiness. It's just that, is it possible that at his current age, he can compete fully? I don't think so, it will definitely affect the stability of the performance. But I personally still really expect that he will be right here.
Oh yeah, the content that is a bit confusing is also on transfermarkt. because he has now been a free agent since July 1.
Luca Modric profile:
https://www.transfermarkt.com/luka-modric/profil/spieler/27992In fact, based on the latest news, Real Madrid really wants a 1-year contract extension for Modric. This makes perfect sense at his age. 1 year contract extension is enough for him to spend this season with Real Madrid. However, maybe the signing hasn't happened yet because they are still focused on the Euros for some time. so it is recorded as free on transfermarkt.
Luka Modric update:
https://ca.sports.yahoo.com/news/luka-modric-offers-cryptic-croatia-222900451.html
https://www.90min.com/real-madrid-new-captain-nacho-nears-exit