Barcelona have finalized the signing of Ferran Torres from Manchester City.
The Spain striker has joined Barca on a five-year contract until 2027 and the club have set their buyout clause at € 1 billion (£ 841,735,504.40million).
Barca will pay an initial £ 46.3million (€ 55million) plus £ 8.4million (€ 10million) in add-ons for the forward. Some £ 5.9million (€ 7million) of these add-ons would be more or less guaranteed.
The Spanish club have reached a deal to sign Torres from City in the week leading up to Christmas.
The 21-year-old is considered by Barcelona to be one of Spain’s most promising talents. They are able to spend in January after recently receiving a large investment through a bank loan.
The club said Torres will be officially unveiled at Camp Nou and will attend his first training session and press conference on January 3.
Torres joined City for an initial £ 20.8million plus bonuses on a five-year contract in August 2020, but has only played four times in the Premier League this season, scoring twice and once. more in the Champions League.
Torres is leaving the Etihad Stadium after scoring 16 goals in 43 appearances for City in all competitions. He also helped Pep Guardiola’s side qualify for the Premier League and the Carabao Cup last season.
He has been out since October due to a foot injury sustained while on international duty with Spain.
City director of football Txiki Begiristain said: “Ferran should be proud of what he has accomplished here at Manchester City.
“Last season was his first time in a new country, but he adapted well. He always gave 100%, worked hard for the team and scored goals that helped us. to win trophies.
“An injury has unfortunately kept him from playing more games this season, but Ferran is a player we have all loved working with and we wish him all the best in Barcelona and for the rest of his career.”
Torres’ arrival in Catalonia comes as ex-City teammate Sergio Aguero announced his retirement earlier in December after being diagnosed with heart disease just months after moving to Barca.
Ahead of his move to City, Torres attracted interest from Barca, Real Madrid and some of Europe’s top clubs following his exploits at Valencia.
A Valencia academy graduate, he made his first-team debut in 2017 and scored nine times in 97 appearances and helped them make it to the Copa del Rey in the 2018/19 season.
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