Isco snubs Premier League suitors to sign new five-year Real Madrid deal with a stunning £634m buy-out

ISCO has signed a bumper new five-year contract at Real Madrid with a staggering £634million buy-out clause.

A host of the Premier League clubs have been chasing the Spanish international over the past few months.

Manchester United and Tottenham were both hoping to try and lure the him to England, but their hopes of bringing the ace to these shores have now ended.

As SunSport reported earlier this month, his fine form for the Champions League holders has now been rewarded by Bernabue chiefs.

And to ensure they can keep hold of the 25-year-old, they have slapped the whopping buy-out clause into the deal.

Madrid president Florentino Perez confirmed Isco, who was out of contract at the end of the current season, had agreed an extension last week.

He told Cadena SER: “Isco arrived here when he was very young and all he has done is improve.

“He is currently playing as we believed he would turn out.

“We will be announcing his contract renewal in the coming days, a renewal which is a done deal.”

Isco, who has 22 caps and six goals for Spain, arrived at Madrid from Malaga in 2013.

He has gone on to establish himself as one of the key men at the Spanish giants over the course of his time in the capital.