Spanish newspaper Marca have claimed that Tottenham Hotspur have completed a £27.5million deal to sign Sergio Reguilon from Real Madrid, with only a medical left to be completed before a deal can be announced – potentially on Thursday.
Reguilon, 23, starred for Sevilla on loan last season as Julian Lopetegui’s side won the Europa League. That has convinced Spurs to sign the one-time Spain international, beating Manchester United to his signature.
A deal is now completed at a fee of £27.5million, but a buyback clause has been included – worth between £32million and £37million. That buyback clause is said to remain active for Reguilon’s first two seasons at Tottenham.
The report also states that Marcelo has a contract until 2022 and Reguilon could return to replace the veteran Brazilian, if he plays well. Marca state a deal is done, a medical is the only thing left to do, and an announcement could be made on Thursday.

TBR’s view – Is Reguilon move basically a loan?
Marcelo remains first choice and is unlikely to be replaced before his contract expires in two years. Reguilon is his ready-made replacement with Ferland Mendy in and out of form – but he needs game time to further his development.
Allowing Tottenham to sign him for a relatively cheap figure, but then including a slightly more expensive buyback clause means Real can replace Marcelo on the cheap – paying Spurs in the mean time for aiding his development.
Unless Real opt against re-signing Reguilon over the course of the next 24 months, it is basically a loan.

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