Real Madrid have completed the signing of England midfielder Jude Bellingham from Borussia Dortmund on a six-year deal.
The Spanish giants will pay 103m euros (£88.5m) for the 19-year-old, in addition to various potential add-ons.
If those add-ons are achieved, the deal could reach 133.9m euros (£115m).
Bellingham, who started his career at Birmingham City, will be presented as a Real Madrid player at a ceremony on Thursday.
One of England’s top performers at last year’s World Cup, Bellingham was named the Bundesliga’s player of the season as Dortmund missed out on a first league title in 11 years on the final day.
The initial fee means he becomes the second-most expensive English footballer after Jack Grealish, for whom Manchester City paid Aston Villa £100m in 2021.
Bellingham is also Real Madrid’s second-most expensive signing, after Eden Hazard’s 115m euro move from Chelsea in 2019, and the third-most expensive teenager in history.
Paris St-Germain paid Monaco 180m euros for France forward Mbappe in 2018, while it cost Atletico Madrid 126m euros to sign Joao Felix from Benfica in 2019.
Bellingham excelled at Dortmund where, in October last year, he made history by becoming the club’s youngest captain aged 19.
He played 42 times for his club in 2022-23 – scoring 14 goals and registering seven assists.J
