Real Madrid 'close' to signing Trent Alexander-Arnold in time for Club World Cup as Liverpool demand €1m compensation fee

Earlier this month, Alexander-Arnold formally announced that he will leave his boyhood club Liverpool this summer as he is close to completing a move to Real Madrid on a free transfer. The right-back's current deal at Anfield runs until June 30 and it was earlier reported that Los Blancos want the player to join them in early June so that he can travel with the squad to the US to participate in the Club World Cup.

ESPN reports that the Spanish giants are now close to completing the right-back's signature in time and the English star is expected to take part in the Club World Cup. The Reds, however, will demand a €1 million (£850,344/$1.1m) compensation fee to let the player leave before the expiration of his deal.

The Merseyside club have already identified Alexander-Arnold's replacement as they are reportedly in advanced talks with Bayer Leverkusen to sign Jeremie Frimpong in the summer.

Madrid boss, Carlo Ancelotti, who is on his way to join the Brazil national team, will manage the club in their final three league matches against Mallorca, Sevilla and Real Sociedad on May 14, 18 and 25, respectively.