Real Madrid Transfer News Latest: Costa Rica Keeper Keylor Navas Signs Up

Reuters/FileFormer Costa Rica's Keylor Navas makes a save against Paraguay during an international friendly soccer match held at the National stadium in San Jose March 5, 2014.

Real Madrid, the Champions League winners, confirmed a secured deal to sign Levante's Keylor Navas for this summer, the club's official Twitter account says.

"The player will be presented on Tuesday, August 5, at 1pm [local time] in the Bernabeu's royal box, after undergoing the relevant medical examinations. Subsequently Navas will tread the turf of the Bernabéu for the first time," a further statement from the club's website read.

The La Liga's Player of the Month (2014) awardee was one of the stars of the recent World Cup in Brazil to display an impressive athletic performance that have helped Costa Rica advanced for the quarter-finals of the tournament. Since his debut in 2008, Navas has played more than 60 times for his former team and represented the country at two CONCACAF Gold Cups.

The said transfer deal signed signifies a six-season contract with Real for a 10 million Euro buyout clause. This makes the 27-year-old athlete the third senior goalkeeper of the team. He will join other experienced keepers Iker Casillas and Diego Lopez.

There have been speculations going on around that maybe one of the power duo could be set to leave with Navas in the picture.

Though Carlo Ancelotti expressed pleasure with the given options, a serious decision of who to keep and who should move before the season kicks off could prove hard for the 55-year-old manager to make.

Madrid's first-choice keeper for last season's La Liga was Lopez but club captain, Iker Casillas, is also a hard contender for the slot. Either way, the Costa Rican's position is nevertheless secured.