Real Madrid president holds press conference to explain botched De Gea deal

Real Madrid president Florentino Perez is to hold a press conference at the Bernabeu at 12:30pm on Tuesday to explain why the club failed to sign David de Gea from Manchester United.

United and Madrid had agreed a transfer worth £29million for the goalkeeper, but the deal collapsed at the last minute because the Spanish club did not register the requisite paperwork before Monday’s 11pm deadline.