Ferran Torres has left English Premier League champions, Manchester City and has completed a permanent move to Spanish giants, Barcelona.
The Spanish forward has joined Barca on a five-year deal until 2027 and the club have set his buy-out clause at €1billion (£841,735,504.40m).
Barca will pay an initial £46.3m (€55m) plus a further £8.4m (€10m) in add-ons for the forward. Some £5.9m (€7m) of those add-ons are said to be more or less guaranteed.
The Spanish club agreed to a deal to sign Torres from City in the week leading up to Christmas.
The 21-year-old is regarded by Barcelona as one of Spain’s most promising talents. They are able to spend in January after recently receiving sizeable investment via a bank loan.
The club has said Torres will be officially unveiled at the Nou Camp and shall attend his first training session and press conference on January 3.
Torres joined City for an initial fee of £20.8m plus bonuses on a five-year deal in August 2020 but has played only four times in the Premier League this season, scoring twice, and once more in the Champions League.
More: Sky Sports