The announcement has certainly caught the wider footballing community off guard with no hint of the club's owners being in discussion with Modric before the agreement was made public on Monday.

The statement on the club's official website read 

"Luka’s investment in the club is an endorsement of the club’s ambition and vision. He will play a key role in helping the club garner global attention and progress both on and off the pitch."

On the announcement, Modric said “This is an exciting opportunity. Swansea has a strong identity, an incredible fanbase, and the ambition to compete at the highest level. Playing at the highest level, I believe I can provide my experience to the club. My goal is to support the club’s growth in a positive way and to help to build an exciting future.”

Modric, 39, is still playing regularly for Madrid having made 45 appearances this season as they look to retain the Champions League and compete for the La Liga title.

He is Real Madrid's most decorated player of all time with 28 honours and won the Ballon d'Or, as well as being Croatia's all time appearnce maker and leading them to a World Cup final in 2018.

The Swansea City board jointly stated, “We are delighted that Luka has joined our ownership group. From our first discussions, it was clear that there was alignment on our visions and that Luka would be a real asset to our group. We’d like to thank Luka and his team for their support through this process, and we look forward to welcoming him to the Swansea.com Stadium to meet you all as soon as possible.”

The Swans were taken over by the current US-based owners in November.