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Published 15:48 5 Jun 2019 BST
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Zinedine Zidane, who returned to Real midway through last season, has long been a keen admirer of Hazard. He will be seen as another important acquisition by Spanish club as they overhaul their squad following a disappointing 2018/19 campaign, in which they surrendered their European crown and finished the LaLiga season in third - 19 points behind champions Barcelona.
This development comes a day after a move Luka Jovic, Eintracht Frankfurt's free-scoring Serbian international, was also agreed.
The 21-year-old scored 27 goals for the Bundesliga side during last season, including against Hazard and his Chelsea side in the Europa League semi-finals.
He moves to the Bernabeu for a reported fee of €65 million before add-ons (around £57.7m) and it's hoped he will help address the lack of goals scored by the club following the departure of Cristiano Ronaldo to Juventus last summer.
Something tells us that Hazard and Jovic may not be the only significant summer arrivals at Real.There’s no second chances in this European footy teams quiz
You have the be on the ball…. A lot of our quizzes give you multiple guesses, but this one won’t. See if you can place all these teams in their proper leagues without missing one. Good luck!
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