Modric’s move is likely to be the first time in football and will continue to play for Real Madrid, although due to his current contract at the end of the 2024-25 season.
“Loca’s investment is supporting the club’s wish and vision. He will play a key role in helping the club gather the world’s attention and progress on both and out of the pitch,” Swansis said.
“There is no better example for our players, from the academy to the first team,” Swansea’s chief executive said.
“Protecting us from greed and our willingness to support us in our journey will be a tool when we aim to continue to improve our results inside and outside the pitch.
“In our discussions, he has shown his passion for the club and his information about how we display, and we have shown our true passion for help.
“From our first discussions, it was clear that we have united on our views and Luka will be a real asset for our group,” Swansea Board said.
Swansea have recorded £15.2 million in pre-tad tax losses in the last fiscal year.
That was a fall in £2
They have made £21.5 million for the year ending on June 30,
“The board admits that while the size of the work damage is the product of a very competitive environment in the EFL championship, the club will continue to pay attention to the efficiency of work to make the first source that can invest in first,” Swansea said in a statement.
“There are many and developing stadium management expenses and two training facilities,” he said.
“In the absence of any prospects for a redistribution agreement between the Premier League and the Premier League, the club will continue to rely on the support of its ownership group as the main source of budget,” he said.