The agreement between player and club is in place (as AS reported on 16 July), but Asensio's new contract has yet to be made official and the idea is to announce it before the mini-break in LaLiga, after the Champions League MatchDay 2 meeting with Borussia Dortmund.
Toni Kroos has eased Real Madrid's injury concerns by returning to their squad for Tuesday's Champions League clash with Borussia Dortmund.
The bookies see Los Blancos as favourites.
"Things couldn't have gone better", beamed Dortmund's World Cup victor Mario Goetze, who is back in form after a metabolic disorder, following the Gladbach win.
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His 50-yard scoring run late Saturday gave Clemson some breathing room and a 21-7 lead with about five minutes left. Bryant added a 4-yard scoring run in the fourth quarter while running back Adam Choice had a 6-yard touchdown run.
It seems Kroos has put those woes behind him after making Real Madrid's travelling squad for Germany. Pierre Emerick Aubameyang is 4/6 to score anytime.
The Spanish side won their opening group game and, despite an indifferent start to their La Liga season, managed a victory away at Alaves on Saturday and therefore will look to build a strong run of form.
Dortmund and title holders Real meet in the group stage for the second year running.
Real traditionally have a awful record in Germany with 19 defeats, seven draws and only five wins.
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Borussia Dortmund, on the other hand, has had a terrific start to their season.
They sit atop the Bundesliga after six games, thanks to five wins and a draw.
Dropped points against Real Betis, Levante and Valencia means that the defending La Liga champions are now sitting in 5th place and their poor league form could have a detrimental impact on their performance in the Champions League. This is a true test of their mettle to go on and win their third Champions League in succession.
Real Madrid have three key injuries to Karim Benzema, Marcelo and Mateo Kovacic.
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