It's officially official: according to Real Madrid's official website, Pedro León will leave Real Madrid on a season-long loan to cross-town Getafe, who will then
be obligated have the option to buy León's contract for either €5 or €6 million. This report came only hours after an intense meeting in the Bernabéu between directors of the two clubs, that resulted in an agreement pending the player's approval. Pedro León is reported to have agreed to the move this afternoon agreed to the move yesterday evening, though he previously had expressed his desire to stay with Real Madrid.
OK, so that tweet isn't particularly informative, but if you follow the link you get this: "Real Madrid and Getafe have agreed on the terms of a loan deal for Pedro León. Getafe will have an option to buy the player at the end of this season."
The main sticking point in the deal was that Florentino Pérez wanted to sell rather than loan León, while Getafe were only interested in a season-long loan with an option to buy the player.
The compromise, a season long loan followed by an obligation to purchase León's contract is reminiscent of FC Barcelona's deal with AC Milan following the Zlatan Ibrahimovic trade. It looks like Madrid ended up caving into Getafe's demands for the player.
This solution looks to be perfect for both sides: Madrid get to unload half of León's salary, and (hopefully) eventually be reimbursed for his contract, while Getafe receive a legitimate starting winger, and get to pay the full price of the transfer later if they want to.