Real Madrid have completed the signing of Luka Jovic from Eintracht Frankfurt on a six-year deal.
Frankfurt will pay Jovic's former club Benfica around £10.5m of the transfer fee.
Frankfurt's Sporting Director Fredi Bobic said in a statement: "Luka Jovic is a big loss for us. His explosiveness and scoring skills have spread throughout Europe and we've benefited not only from his goals over the past two years. But for us it was clear that there is a financial pain threshold.
"For Eintracht Frankfurt this is a good and important transfer. We wish Luka only the best for his future. He has the best qualifications for a great career. And we are proud that we were able to support him along the way."
Jovic joined Frankfurt on loan from Benfica in 2017 and in April the Bundesliga club exercised their option to make the move permanent.
Jovic: Real's new frontman
Jovic, one of the stars of the 2018/19 Bundesliga season, is set to be part of Zinedine Zidane's plans at Real Madrid next season. But how will he fit in at Madrid during an expected summer of transition at the La Liga giants?
Follow the Summer Transfer Window on Sky Sports
As well as keeping an eye on Sky Sports News, make sure you don't miss a thing with our dedicated Transfer Centre blog.
There's also the return of the Transfer Talk Podcast, the daily UK, Regional and European Paper Talk, plus features across SkySports.com and the Sky Sports App.
If reading on skysports.com, comment below to get involved in the debate, but please adhere to our House Rules. If you wish to report any comment, simply click on the down arrow next to the offending comment and click 'Report'.