Soccer-Isco first Real Madrid signing of Ancelotti era (Reuters)

* Playmaker joins from Malaga on five-year contract * Real beat City in race for under-21 international (Adds details and byline) By Iain Rogers MADRID, June 27 (Reuters) – Real Madrid have secured the services of highly-rated Spain under-21 playmaker Isco for a fee of some 30 million euros ($39 million), their first signing since the arrival of new coach Carlo Ancelotti. The 21-year-old midfielder, who was also a target for English Premier League club Manchester City, has joined from Malaga on a five-year contract, Real said on their website (www.realmadrid.com) on Thursday. …

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