LINKPorto has completed the 13 million Euros signing of Santos midfielder Danilo, the Europa League champions have informed the stock market.
The Brazil under-20 international, who can operate on the right side of both defense and midfield, is widely regarded as one of South America's hottest prospects.
Danilo found himself in the middle of a tug of war between Porto and Benfica in recent times, as the Portuguese duo were vying to sign him.
A statement issued by Porto to the Portuguese stock market reads: "Porto comes to inform that it has reached an agreement with Santos for the acquisition of the sporting rights of athlete Danilo Luiz da Silva. This agreement sees the payment of a fee of 13 million Euros."
The Brazilian's arrival is likely to pave the way for the exit of full-back Jorge Fucile, who has reportedly garnered interest from Serie A duo Roma and Lazio.
Thoughts? Do you think he'll do well on Europe? Or was it too early (or too late)?