Manchester United confirm the arrival of Alex Telles from FC Porto. The defender has signed a four-year contract, with an option to extend for a further year.
Telles, 27, is a full international with Brazil and an experienced player across Europe, having played in the UEFA Champions League for many years.
Over the past five seasons with FC Porto, he has scored 26 goals and registered more than 50 assists.
The Red Devils’ initial bid was around €13.2 million (£12m/$15.6m) as the defender was in the final year of his contract but, there was an agreement reached on Sunday and it is understood United have paid €15m with an additional €2m in add ons.
The club were first alerted to Telles’ skills when he was playing for Galatasaray in 2014 and has been extensively watched by the club’s scouting team over the last two years.
Upon joining the Red-devils Telles said “To join a club with the prestige of Manchester United is a huge honour.
You have to work hard to get to this moment in your career and now I am coming to this club, I can promise that I will give everything in my heart to be a success here.
“I won many trophies at FC Porto and I want to continue that at United. The manager has a clear plan and direction for this team and I can’t wait to pull on the famous shirt.”
United manager Ole Gunnar Solskjaer added: “First and foremost, I welcome Alex to United. He is a player we have been tracking for some time and his performances over the past few years are exactly what we are looking for.
He is a fighter and a winner and will add real determination and competition to the squad.
“Alex has the qualities, both as a player and as a person, that we want here at Manchester United.”
The full-back is the club’s second signing of the summer following Donny van de Beek’s arrival in August, while Edinson Cavani is set to arrive to boost Solskjaer’s attacking line.