Real Madrid has acquired Brazilian U-21 midfielder Lucas Silva from Cruzeiro and officially introduced him during a press conference on Monday.
Silva, who has won the league title in 2013 and 2014 with Cruzeiro, passed physicals and was introduced at Santiago Bernabéu on Monday. According to the report, Real Madrid paid a £9.7 million ($14.59 million) fee to acquire Silva from Cruzeiro.
Silva will remain under contract with Real Madrid through 2020.
"This is a dream come true," said Silva. "I am delighted to be here. I thank God, the Cruzeiro and Real Madrid presidents and everyone who helped make this happen. I am really happy and motivated. I've come to Real Madrid to learn and above all else to help. I feel good and am ready to honor this shirt, which belongs to the best club in the world.
"I've liked Real Madrid every since I was a child, I'm really happy to be in the city and I'm certain that I will live very well here."
He joins 16-year-old midfielder Martin Odegaard as the latest promising youngster to join the La Liga club.
Led by Ballon d'Or winner Cristiano Ronaldo, Real Madrid is in first place in La Liga with a 16-0-3 record.
- Josh Sanchez