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Vinicius Jr will 'sign a mega-money new contract at Real Madrid' and it 'will include a whooping £1BILLION RELEASE clause' as the Brazilian attacker is rewarded for a breakout season in Carlo Ancelotti's side

Real's Madrid's Vinicius Junior will reportedly sign a new long-term contract to stay at the club and it will include a £1billion release clause, according to reports in Spain.

The 21-year-old enjoyed a breakout campaign last season and it ended with him scoring the only goal in the Champions League final win over Liverpool in May.

Reports had suggested PSG have been pestering the winger not to renew his contract at the Bernabeu for the past seven months and had offered the player a £34.3million-a-year salary.

Brazilian forward Vinicius Junior is reportedly set to sign a new contract at Real Madrid

Brazilian forward Vinicius Junior is reportedly set to sign a new contract at Real Madrid

But the Brazil international will sign a new contract once he returns for pre-season in 10 days, according to Marca.