Transfer Market Las Palmas prospect Raul Asencio signs six-year deal

Reschke: Sanchez deserves a monument for signing Asensio for 3.5m euros

Real Madrid have raided the Canary Islands for what could be the next big thing in Spanish football, the Spanish giants having acquired the services of Raul Asencio from Las Palmas, who has starred in the youth ranks at the Estadio Gran Canaria this season.

The midfielder, born in 2003, has been a standout player on the academy stage this season with his ability on the ball a particular talent and has drawn comparisons with Balearic Islander Marco Asensio.

The youngster started off at Huracan and Acodetti, before being snapped up by Las Palmas where he has been for the past five seasons.

Asencio has been on Madrid's radar for some months now and the deal has been finalised along with a six-year contract after discussions between his representatives Emar&Soccer and Los Merengues.

Real had wanted to secure his services last Christmas, but Las Palmas refused permission to speak to the player.

Asencio's departure is another from Los Amarillos' impressive youth team set up, from where players move to the mainland every summer after being signed up by traditionally bigger sides.