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Juventus have completed the signing of striker Dusan Vlahovic from Fiorentina, with the Serbia international joining Juve on a four-and-a-half-year deal.
Arsenal and Tottenham were admirers of the 22-year-old but were unable to meet Fiorentina's asking price.
In a statement on Friday night, Juventus confirmed the deal: "Juventus announces that the agreement with Fiorentina for the definitive acquisition of the registration rights of the player Dusan Vlahovic has been reached for a consideration of €70m (£58.3m) payable in three financial years, in addition to the solidarity contribution provided by FIFA regulations and additional costs of €11.6m (£9.7m).
"In addition, bonuses up to a maximum of €10m (£8.3m) are envisaged upon achievement of increasing sporting
objectives."
Juve and Fiorentina had been in negotiations for some time over a fee for Vlahovic and finally agreed a price on Tuesday.
Fiorentina wanted to sell Vlahovic, who was keen to move to Turin, this month to maximise their profit, as he had just 18 months remaining on his contract.
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