There has been talk of lending, but eventually, he will go free and Fiorentina will pay all his salary.
However, Real Madrid will still own 50% of the striker’s rights, so it will receive half of all sales fees.
Therefore, they can still recoup the other 60 million euros they paid the player in 2019 when he arrived from Eintracht Frankfurt.
His contract with Real Madrid lasted until 2025, but he will now sign a new contract with Fiorentina and commit to the Italian club until 2024.
It will not be the first time Jovic has left the Estadio Santiago Bernabeu, as he returned to Eintracht Frankfurt last season on loan after failing to meet expectations in the Spanish capital.