Argentina striker Gonzalo Higuain has become the world's third most expensive player after the 28-year-old signed a five-year deal at Juventus Football Club, and moved to Napoli, an Italian Champions club, for $99 million.
"Juventus can confirm that it has purchased the registration rights of Gonzalo Higuain for €90 million, payable in two financial years," said a statement on the Juventus website.
Higuain's transfer fee is the third highest paid, after Gareth Bale moved to Real Madrid from Tottenham Hotspur for 100 million euros in 2013, and Cristiano Ronaldo joined the Spaniards from Manchester United for 94 million euros in 2009.
Higuain's move could create a ripple effect in the market amid speculation that Paul Pogma may be on his way out to Manchester United from Juventus. The 23-year-old Pogba left United on a free transfer in 2012, but is likely to make the move back to the Premier League this summer.
Higuain won the Capocannoniere - Serie A's golden boot - last season after scoring a league record-equalling 36 goals as Napoli finished runners-up to his new club.
The news that he was poised to join Juventus caused anguish among Napoli fans, who gathered in Naples city centre on Saturday to tear up pictures of the Argentine and set fire to replicas of his number nine shirt.