Everton signed James Rodriguez for free from Madrid.

Everton paid no transfer fee for James Rodriguez, a startling coup that has been revealed by Argentine club Banfield.

James Rodriguez

The Merseyside outfit pulled off the shock signing of the Real Madrid forward this summer, signing a two-year deal at Goodison Park.

It had been thought that Everton had paid as much as £20million to land the Colombia international,

You can also join us on FacebookWhatsappInstagram, and Twitter

but it has now been claimed this is not the case.

According to Marca,

a statement made by Banfield insisted that there was no fee involved at all.

Banfield, who sold Rodriguez to Porto in 2010, were due a small percentage of the sell-on fee and chased up the details of the deal to find out what they would be entitled to.

However,

the club treasurer Ignacio Urquiza said: ‘Unfortunately for the pass of James Rodríguez from Real Madrid to Everton, Banfield does not correspond to money.

The transaction was made without cost as if it were a free player. The pertinent consultations have already been made to the two clubs involved and to the corresponding organisations.

ALSO READ:Bbnaija: Neo and I came close to making love.