Real land Porto's Pepe

0 Comments | AFP, July, 2007

MADRID (AFP) — Spanish champions Real Madrid have struck an agreement to sign FC Porto's Brazilian central defender Kleper Laveran Lima Ferreira, otherwise known as "Pepe," the clubs said Tuesday.

The Portuguese club put the fee at 30 million euros (42 million dollars).

Pepe has agreed a five-year contract and will "immediately" join up with the squad, Real said in a statement.

Porto said the deal was subject to the 23-year-old passing a medical.

Pepe has been a mainstay of Porto's back four since 2004 and has won two league titles as well as a domestic cup.

Real are currently on a new spending spree after Monday unveiling Bernd Schuster as coach in place of the sacked Fabio Capello.

The Spaniards have already added Schuster's fellow...