Spain U-19 winger, Marco Asensio has confirmed his decision to join Real Madrid.

The RCD Mallorca midfielder has been linked with a move away from the club to either Barcelona  or Real Madrid. Recent reports have confirmed that the 18-year old is on the verge to sign for Real Madrid. The player himself confirmed that he has agreed terms with the European Champions and the transfer will be completed in January.

Asensio will be signing a deal that will see him play for Los Blancos for five years.

“We will see what happens this week because in this club anything can happen,” Asensio told  radio station Cadena SER.

“Real Madrid have decided and I am really happy. I’m looking forward to seeing the finalisation of the deal in order to make everyone calmer – the club, me and Real Madrid.

“It is an honour that the best clubs are fixed on me, and Real Madrid are the best of the best. The agreement is for five seasons and now it’s for me to enjoy.”

Reports in Spain say that Asensio, will be loaned back to RCD Mallorca till the end of the season and will join Real Madrid in the summer.

Real Madrid boss Carlo Ancelotti also confirmed the move in a press conference on Monday.

“Marco Asensio is a very good player,” said Real manager Carlo Ancelotti on Monday.

“That’s why we are talking with Mallorca to bring him in next summer.”

Real Madrid is expected to finalise a €3.7 million deal to bring the youngster to the Bernabeu.

Marco Asensio is dubbed to be the next rising star after impressing for his current club in the Segunda Division this season. The midfielder was also linked with a move to Real Madrid’s bitterest rivals Barcelona but the Catalans refused to pay €4.5 million for his talents last year.

Asensio, an attacking midfielder, has played an important role for Real Mallorca in the Segunda division. In 14 games, the 18-year old has scored 3 goals and provided 6 assists for the club. He made his first team debut last season at the tender age of 17. The player has been compared to the likes of Isco and former Real Madrid player Angel Di Maria. He has also been capped at the Spain U16, U17 and U19 levels.

With Real Madrid already boasting an enviable attacking force with the likes of Isco, James Rodriguez and youngster Jesé Rodriguez fighting for a first team spot, Asensio will have to really up his game in order to make a strong case for a starting in Ancelotti’s 11.