Manchester City have now announced the signing of winger Ferran Torres from Valencia, MySportDab reports.
The 20-year-old played 44 matches for Valencia last season and scored six goals during that time.
Now, Torres has joined Pep Guardiola’s team in a £37m deal and signed a five-year contract.
MySportDab understands that City have paid an initial £20.9m fee upfront and the other fees will be paid via add-ons.
Speaking to Manchester City’s official website, Torres said: ‘I am very happy to join City. Every player wants to be play in attacking teams and Manchester City are one of the best attacking teams in the world.
‘Pep encourages a open, aggressive style of play, which I love, and he’s a manager with a track record of improving players. To have him look after my development is a dream come true.
‘Manchester City have won plenty trophies in the last 10 years and I hope to be a part of that success for years to come.’
— Manchester City (@ManCity) August 4, 2020
Torres was linked with other European clubs such has Atletico Madrid, Juventus, Real Madrid and Borussia Dortmund.
But the young winger has opted to join the Premier League instead and is now Pep Guardiola’s first signing of this summer transfer window.
City are looking to challenge for the Premier League title next season after falling behind Liverpool in the 2019-20 campaign.
Torres rose through the academy ranks at Valencia, he joined the club at the age of seven, and is a popular player amongst the fans of the La Liga club.
During his time at Valencia, Torres played 97 matches for the first-team across all competitions.