Trent Alexander-Arnold gets new financial incentive after finally joining Real Madrid

Trent Alexander-Arnold will reportedly earn a major bonus if he helps win the after they to sign the defender before the tournament gets underway next month.

was set to join Madrid on a free transfer when his deal expired on June 30, but it was announced on Friday that they have agreed to pay the Reds a total of £10million to sign him a month early.

Madrid are paying an £8.4m fee and his remaining wages in order to have Alexander-Arnold available for the entirety of the Club World Cup. And according to a report from Spanish outlet , Madrid view the Club World Cup as the 'most important' competition of the season.

It is claimed Madrid are desperate to win the first edition of the newly revamped tournament, having been the inaugural winners of the European Cup in 1956 and the Intercontinental Cup in 1960.

As a result, the report claims that Madrid are set to pay each player a bonus of around €1m (£843,000) if they lift the trophy on July 13. The tournament will also mark the start of the era after he replaced in the dugout.

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Alonso, who spent five seasons at the club as a player, has signed a three-year deal to replace Ancelotti after an impressive stint in charge of Bayer Leverkusen that saw him guide them to their first Bundesliga title.

And Alonso is hoping his time in charge will get off to a perfect start by winning the Club World Cup. "That's the way circumstance had it. Once that happens I see it as an opportunity for two reasons," Alonso said at his official unveiling earlier this month.

"One, because it means that we can accelerate processes, get to know each other sooner, see things that we want to be. Then it's a chance to fight for another trophy. It's the first Club World Cup and the ambition is complete.

"If we can bring together those two things then it can be a very good start, and as of today that is what I have in mind. We can do nice things, that ignite people. That's what we have come for."

Alonso also paid tribute to his predecessor Ancelotti, having been managed by the Italian during spells at both Madrid and . "The cycle has come to an end under Ancelotti, who was my coach," he added.

"He left a mark on me and has been a huge influence. I wouldn't be here without all I learned from him. I'm honoured to take over from him and proud to be in a place where he achieved so much. I hope I can live up to the expectations.

"We're starting out on a new era and I feel like we have a fantastic team. That's what fills me with the energy to come here, to try and get the best out of every single player as we build a great team. We can achieve big things worthy of Real Madrid and all they have won in the past."

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