Real Madrid have confirmed the signing of midfielder Dani Ceballos from Real Betis on a six-year deal.
Ceballos, 20, ended the season strongly with Betis and was impressive for Spain during the European Under-21 championships.
He was linked heavily with both Real and arch-rivals Barcelona, but elected to sign for the Champions League holders on a six-year contract.
Real confirmed the move in a statement on their website, saying Ceballos would be unveiled at a press conference next Thursday.
Although they did not specify a fee reports have suggested they will pay €17 million (£15m), €2m over his €15m buy-out clause.
He is the second signing of the summer for Real, who also won La Liga last season, following the arrival of Theo Hernandez from Atletico Madrid.
Gerard Deulofeu has officially completed his move back to Barcelona from Everton.
The 23-year-old forward passed a medical on Friday morning before signing a two-year contract tying him to the Spanish giants until June 30, 2019.
Barca last month activated the buy-back clause in Deulofeu's contract with Everton to bring him back to the Nou Camp, where he came up through the youth ranks before moving to England in a permanent deal in 2015.
It has reportedly cost Barca £ 10.5million to re-sign the Spain Under-21 captain, who spent last season on loan at AC Milan.
Barca said on their website: "Deulofeu formalises return to Barcelona. The 23-year-old forward was at the club's offices on Friday morning to sign the deal that brings him back to the team after four seasons with Everton, Sevilla, and AC Milan.
"Before heading to the club's offices to sign the deal along with club president Josep Maria Bartomeu, Deulofeu underwent a pre-season physical at the team's training centre with the rest of Barca's internationals."
Deulofeu spent 10 seasons in Barca's youth academy before joining Everton on loan in 2013. He spent the following season on loan with Sevilla before returning to Everton in a permanent deal for £ 4.3m in 2015.