It has been confirmed that Real Madrid have signed Portugal left back Fabio Coentrao from Benfica for a fee of 30 million euros (£27 million).
Real said in a statement on their website : “Fabio Coentrao officially became Real Madrid’s latest signing by signing a six-season contract with the club after passing his medical,”.
Benfica had announced the deal in a statement earlier on Tuesday.
Coentrao, now age 23, had a contract with the Portuguese club until 2016 and is regarded as one of the most promising left-backs in Europe.
He is the fifth squad reinforcement of the close season for Real’s Portuguese coach Jose Mourinho following the acquisitions of Turkey midfielders Nuri Sahin and Hamit Altintop, French defender Raphael Varane and Spanish forward Jose Callejon.