Real Madrid and Brazilian forward Vinicius Junior have reached an agreement to extend the player's contract, according to The Madrid Zone.
The report says an official meeting to sign the new deal is expected to take place at the end of July.
Vinicius is also set to become Real Madrid's second captain, after midfielder Federico Valverde.
The 25-year-old winger's current contract with the Spanish giants is due to expire in the summer of 2027.