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Spain Under-21 midfielder Dani Ceballos has joined Real Madrid on a six-year deal from Real Betis, the European champions confirmed on Friday.
The 20-year-old was voted player of the tournament at last month’s European Under-21 Championship as Spain finished runners-up to Germany.
Spanish media reported Real paid 16.5 million euros ($18.8 million) to acquire Ceballos, slightly more than his release clause.
“You can imagine the pride and sense of responsibility I feel on arriving at Real Madrid,” said the player.
“But if I got this far it’s on the back of two things; hard work and humility and I’ll do everything I can to show I deserve to play in these colours.”
Real signed highly-rated 19-year-old French defender Theo Hernandez on Monday, also for the next six seasons, for a reported fee of 30 million euros.