Bournemouth have completed the £10.7m signing of Spanish left-back Diego Rico from La Liga side Leganes.
We reported on Monday night that a fee had been agreed between the two clubs, subject to a medical and personal terms being agreed,
Rico came through his medical with the club on Tuesday and has now signed a four-year deal with Eddie Howe’s side.
Borussia Dortmund made a late bid to sign the full-back, offering better financial terms, but Rico’s preference was to move to the Premier League.
“I’m very happy to be here and would like to thank everyone at AFC Bournemouth for making me feel so welcome,” he said.
“This is a new step for me in my career and, from my heart, I can say I am truly excited to be here and looking forward to the future.
“I have heard so much about the manager. I learned he is very professional and has a great philosophy on football, and I can see that is true from the short time I have met him so far.”
The 25-year-old played 33 times for Leganes last season and was sent off in his final game of the campaign, a 3-2 victory at home to Real Betis.
Bournemouth boss Eddie Howe said: “Diego is a player we have been tracking throughout the summer, and, although we had to be patient, it’s great to finally be able to call him an AFC Bournemouth player.
“He’s a really nice footballer and someone who will fit our philosophy and style of play.
“Diego is fast, physical, aggressive in attack and aggressive defensively. He takes an excellent set-piece and has a powerful left foot.
“Once he gets used to the way we play, we believe he can be a real force for this football club.”
We also understands Bournemouth remain in talks with Levante over the signing of midfielder Jefferson Lerma.
Discussions over a £17m deal have been positive, though there is still some work to do as the 23-year-old would require a work permit.