​La Liga giants Real Madrid have on Tuesday secured another boost on the financial front, amid what has been a stellar summer for the capital club to date.This comes amid confirmation of Álvaro Rodríguez’s move to the Premier League with Bournemouth being made official.AdvertisementAdvertisementAdvertisementAttacker Álvaro for his part departed Real Madrid on a permanent basis last summer, to link up with another of La Liga’s clubs, in the form of Elche.The 22-year-old, in turn, went on to enjoy something of a breakout season in Alicante, en route to a haul of seven goals and five assists in Spain’s top-flight.This production had long given rise to interest in Álvaro’s signature from abroad, with the aforementioned Bournemouth tipped as the frontrunners to strike a deal.And as alluded to above, on Tuesday, the Cherries have indeed announced the Spaniard’s signing on a long-term contract.Owing to a clause included in the deal between Elche and Real Madrid last summer, the latter are entitled to 50% of the fee brought in for Álvaro.AdvertisementAdvertisementAdvertisementWith Bournemouth understood to have forked over an initial €24 million for the talented frontman, Los Blancos can therefore look forward to an imminent cash injection of around €12 million.Conor Laird – GSFN