Flamengo have fought off the attention of Newcastle United for Matheus Frana.
Newcastle had a 16m offer for the youngster rejected by Fla last month.
Fla have now announced the striker has now signed terms to 2027, with a buyout clause set at 200m.
Real Madrid have now assigned talent spotter Juni Calafat to scout Franca this year.
In the past, Calafat has unearthed the likes of Vini Jr and Rodrygo.