Florentino Perez has agreed terms with AC Milan to bring Brazilian superstar Kaka to the Bernebeu for next year.

According to Spanish daily Marca - the Real Madrid presidential candidate has agreed a deal with both Milan and Kaka's representatives and will announce the agreement in the first week of June.

The fee agreed is around £52 million and the only outstanding point is the agents fee due Kaka's Dad, Bosco Leite.

Brazilian media sources have also carried the story, saying that an agreement has already been struck over personal terms between Perez and Kaka's minders.

The deal will be for five years and worth £8 million-a-season to Kaka, with a 50:50 split of revenue from image rights.

The agreement will make Kaka far and above the highest paid player at Real, out-stripping skipper and Madrid idol Raul.