Real Madrid have announced the signing of Jude Bellingham from Borussia Dortmund

It's official. Jude Bellingham is a Real Madrid player.

The 19-year-old midfielder has penned a six-year deal with the Spanish club, with a reported €103 million [£88 million] transfer fee being agreed between Borussia Dortmund and Real Madrid.

After much speculation surrounding his future at the Westfalenstadion, Los Blancos have managed to get a deal over the line following interest from a number of Premier League clubs, including Liverpool and Manchester City.

They confirmed the signing in a statement on Wednesday morning.

It read: "Real Madrid CF and Borussia Dortmund have agreed on the transfer of the player Jude Bellingham, who will remain linked to our club for the next six seasons."

The club added: "Tomorrow, Thursday, June 15, at 12:00 noon at Real Madrid City, the presentation ceremony for Jude Bellingham as a new Real Madrid player will take place.

"Next, Jude Bellingham will appear before the media."

Dortmund have confirmed in a statement that Real Madrid have agreed to pay €103 million [£88 million] plus add-ons. And if those add-ons are achieved, the deal could reach €133.9m [£115 million], according to the BBC.

Last month, details of Bellingham's proposed Real Madrid contract emerged, featuring a €1 billion release clause and a salary that will make him their second highest earner behind Eden Hazard.

Hazard, who is expected to be released by Los Blancos at the end of his current deal in June, is understood to earn £384,000-per-week at the Bernabeu.

Real Madrid have labelled Bellingham as "one of the biggest talents in world football" after the signing was announced.

They wrote: "Bellingham joins Carlo Ancelotti's squad after three seasons in Germany. In the most recent of these, he recorded his best campaign for Borussia Dortmund in terms of goals (14 goals in all competitions).

"He scored on his debut for the German side in September 2020 and became the youngest player to score in the club's history (17 years and 77 days).

"That season he started the match that Borussia Dortmund won in the German Cup final."

Thoughts on the deal? All we know is, that midfield trio of Bellingham, Camavinga and Tchouameni will be a sight to behold.