Martin Odegaard has signed a new contract extension at Real Madrid, the 18-year-old has confirmed.

The Norwegian, who was acquired by Los Blancos back in January 2015 from Strømsgodset as a star of the future, has spent the bulk of his time since joining the Whites in the club’s Castilla side.

While he is spending this season on loan at SC Heerenveen, Odegaard’s existing Real deal was set to expire next summer – but that has now been resolved.

It is reported by Marca that his new extension sees him belong to the Bernabeu giants until at least 2021.

When asked about his contractual future and terms by VG Sporten, the teen said: “A little more than 2018, at least.”

He added: “I don’t want to say much more at the moment.”

Odegaard’s release clause will reportedly increase as part of the deal in an indication that Real are looking to build a team for the future, with the likes of Vinicius Jr, Dani Ceballos and Theo Hernandez all signed up over the summer.

The Whites have yet to officially confirm the news.