Ryan Gravenberch has joined Bayern Munich from Ajax, it has been confirmed.
Bayern announced the transfer of the 20-year-old two days after he admitted in an interview that he would be making a move to the German champions.
The Netherlands midfielder has made the step up to the Bavarian team after impressing in the Eredivisie with Ajax.
How much is the fee?
Bayern have reportedly paid a fixed fee of €19 million (£16m/$20m) plus an additional €6m (£5m/$6m) in add-ons to sign the midfielder.
Furthermore, Ajax are believed to have secured a sell-on clause of seven-and-a-half per cent
How long is Gravenberch's contract?
Bayern have confirmed that the 20-year-old has signed a five-year contract, tying him to Bundesliga winners until 2027.
What has been said about Gravenberch's transfer to Bayern?
"When the offer came from FC Bayern, I didn't have to think about it for long," Gravenberch told the club's website after the move was confirmed.
"FC Bayern are one of the biggest clubs around; players from all over the world want to play for this club. I'm coming to Munich to win lots of titles - and FC Bayern are used to winning lots of titles.
"Anything is possible with this club, including winning the Champions League. The togetherness in this team is very strong, which I like."
Bayern's director of sport Hasan Salihamidzic says he expects a lot of the new arrival, hailing him as one of Europe's most talented players.
"Ryan Gravenberch will offer a lot to our team. He's one of the biggest talents in Europe, has superb technical ability, always finds solutions in tight spaces, is very dynamic and a goal threat," he said.
"The fact he's chosen FC Bayern shows that he's convinced by us as a club and the opportunities here. We love players with that mentality. We're confident that we'll enjoy lots of success with him."
How will Gravenberch fit in at Bayern?
Gravenberch is a player with a lot of potential which can be developed greatly under Julian Nagelsmann.
However, there is also big competition in his position, with Joshua Kimmich and Leon Goretzka currently pulling the strings at the heart of Bayern's midfield.
Nonetheless, Bayern plays in three different competitions for the most part of the season so Gravenberch should get enough playing time to continue his development.
For the reported price, it looks like a very good piece of business from Bayern.