The 19-year-old has barely featured for Xabi Alonso’s side this season, coming off the bench to play 11 minutes in his single La Liga appearance.
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It’s understood that Endrick is looking to leave the club in a bid to earn more minutes ahead of next summer’s 2026 World Cup.
According to Fabrizio Romano, who first reported on Endrick’s loan move to Lyon in October, the deal is set to be confirming.
The deal won’t include any option or obligation to buy for the French side as Real Madrid still believe Endrick has the potential to be special.