Atletico Madrid put huge release clause in 16-year-old Iturbe's contract Atletico Madrid The goalkeeper has signed a professional deal

Alejandro Iturbe is the most promising goalkeeper in Atletico Madrid's academy and the capital city club have signed him to a professional contract after he turned 16 years of age at the beginning of September.

Premier League clubs, as well as others in Spain, were waiting for the player to turn 16, which is the age at which such a deal could be struck.

But Atletico Madrid have been able to convince the youngster to commit his future to Los Rojiblancos and he did so on Thursday at the Estadio Wanda Metropolitano, accompanied by his agent Jose Miguel Gonzalez.

The new contract runs until 2024 and contains a huge release clause of 36 million euros.

Iturbe has been a starter for Spain at multiple age levels and this season is forming part of Atleti's Juvenil A side, two categories above the level for his age.

He has been at the club since 2008 and even took part in a training session with Diego Simeone and Pablo Vercellone when he was 14.