Real Madrid can sign Malaga No1 Calatayud for knockdown fee

Malaga goalkeeper Juan Calatayud is set to pen his new contract today.

The new deal is to 2008, though the young shot-stopper is expected to sign for Real Madrid at the end of this season.

Calatayud's new contract has a buy-out clause of £4.5 million, which has dropped well down from the £20 million clause his previous deal carried.