Real Madrid have agreed a €65m fee with AC Milan for Kaka, according to Cadena SER radio station.

The Brazilian has been linked with a move to the Spanish giants for years, but with former president Florentino Perez once again taking control this week, speculation has reached fever pitch. Now, sources in Spain report that the conditions have been agreed, and Cadena SER asserts that the €65m price tag is agreed by all parties.

All that remains now are some personal matters to attend to with Kaka, who is set to earn €9m a year (€175,000 a week) for the next five seasons.

The 27-year-old is on international duty as Brazil prepare to take on Uruguay this weekend, meaning that he cannot be present to physically sign a deal in Madrid for now.

Ewan Macdonald, Goal.com