Manchester City have completed the signing of Valencia winger Ferran Torres in a deal worth an initial £21 million ($27m).
The 20-year-old has signed a five-year contract at the Etihad Stadium and will join up with Pep Guardiola’s squad for the 2020-21 season.
Valencia could receive a further £11m ($14m) in add-ons for the Spain Under-21 international, who was in the final 12 months of his contract.
City beat a host of top European clubs to the signing of Torres, with Manchester United, Juventus, Borussia Dortmund, Real Madrid and Atletico Madrid all expressing an interest.