Real Madrid confirm the transfer of Iker Casillas to Porto

Done deal: Real Madrid confirms the transfer of Iker Casillas to Porto

Real Madrid have announced the departure of their legendary goal keeper Iker Casillas, the Spain skipper will join Porto after twenty-five years at the santiago Bernebeu.

Comunicado Oficial: Iker Casillas. http://t.co/3Zci7UmFIN #GraciasIker pic.twitter.com/nz2RjoyaiT

— Real Madrid C. F. (@realmadrid) July 11, 2015

According to Madrid based publication Marca, the agreement will see Casillas sign a two-year contract at Porto - with an optional third triggered if he makes more than 30 competitive appearances - with a gross salary of €10 million.

Real, meanwhile, will make up the shortfall so that Casillas ends up earning the same amount (€12.5m net) that he would have by staying at the Bernabéu for the two remaining years of his contract, with the corresponding tax to be paid by the Madrid outfit.