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Atletico Madrid complete €120m move for Benfica teenager Joao Felix

Atletico Madrid have announced the club record €120 million (£107m/$134m) signing of Benfica attacker Joao Felix, who joins the Spanish capital club on a X-year deal.

Manchester City had been interested in exploring a deal for the player depending on the future of Leroy Sane, while the likes of Juventus, Barcelona, Manchester United and Real Madrid had all also been linked.

But it's Atleti that have secured his signature, with sources having revealed to Goal that talks began on June 1, with the Liga club's CEO Gil Marin meeting Benfica chairman Luis Filipe Vieira during the Champions League final to kick off negotiations.