Manchester United have completed the signing of England starlet Wayne Rooney.
Manchester United have completed the signing of England starlet Wayne Rooney in a deal worth just short of £30 million.The Red Devils have been brokering the move with Everton for the past few days, but they have finally concluded the biggest English deal of the summer.
The 18-year-old asked for a transfer last Friday which was confirmation that Rooney was on his way out of Goodison Park.
Sir Alex Ferguson's side have now beaten Premiership rivals Newcastle to Rooney's signature - who is the most expensive teenager in the world.
Rooney has agreed a six-year deal and is tied to United until 2010.
United have agreed an initial £20 million payment - half is due now and the other half expected this time next year.
A further £7 million is due to Everton dependent on Rooney staying at Old Trafford, how many international caps he gains, whether he agrees a new deal and how United fair on the playing front.
Of the £7 million - £3 million is guaranteed to come Everton's way.
United also confirmed that Rooney's agents Pro-Active will be due up to £1.5 million.
Everton also have a 25 percent sell-on clause installed in the agreement.
Rooney, who will wear the number eight shirt at United taking over from Nicky Butt, was delighted to have sealed the move.
"It was a tough decision to leave Everton, the club I've supported and played for all my life, but I'm excited to be joining a club as big as Manchester United," said Rooney.
"I feel this can only improve my career, playing with top players in top competitions like the Champions League and I can't wait to meet up with the team."
Sir Alex Ferguson added: "I am very excited, I think we have got the best young player this country has seen in the past 30 years. Everyone is delighted by this signing."
