It’s done. Both AC Milan and Real Madrid have officially announced on their websites that Brazilian International Kaka is a Real Madrid player after the clubs agreed on a 56 Million Pound Transfer Fee and a reported 200,000 Pound per week salary in which the 24% tax will be paid by the club.

Check the Video of Kaka’s Interview after the Jump….. 

Via DailyMail

Real doctor Juan Carlos Hernandez put Kaka through three hours of tests yesterday at a clinic close to the Brazil team’s hotel in Recife.

Real released a statement saying: ‘Kaka is a Real Madrid player after an agreement with AC Milan. The Brazilian footballer has now successfully passed all medical tests. Kaka has signed a contract for the next six seasons with Real Madrid.’

The mammoth sums involved in Kaka’s purchase underline club president Florentino Perez’s determination to return Real to the pinnacle of Spanish and European football.

On top of the £56m fee, Real will make Kaka the best-paid player in the world at £200,000 a week over the six years of his contract - a total of more than £62m. In addition, Real will pick up his tax bill, taking advantage of Spanish laws on foreign nationals which mean it will be paid at 24 per cent.

The deal is also fantastic news for Kaka’s father and agent Bosco Leite. Some sources claim Leite will pocket as much as £8.7m for his part in the negotiations, while others claim it will be nearer £3.9m.

However, it is not all expensive news for Real as they have agreed to spilt Kaka’s image rights down the middle. Similar arrangements in the past with Luis Figo, Zinedine Zidane, Ronaldo and David Beckham saw Real recoup their outlay, according to Perez.

A statement on the Milan website read: ‘From next season, Kaka will play at Real Madrid. AC Milan thanked the great champion Kaka for his decisive contribution to the many victories achieved in the six years of his commitment.

The loss, while serious, can be remedied. It will be very difficult to fill the void that will be left by Kaka, a shining example of professionalism and commitment.

‘AC Milan offer him the most cordial and affectionate wishes for the continuation of his sporting career.’

Image via FootballPictures