Bournemouth have signed Levante midfielder Jefferson Lerma for a club-record fee.
The 23-year-old, who starred for Colombia at the 2018 World Cup, had been linked with the Cherries for a number of weeks.
Bournemouth announced the news on Tuesday night, confirming that Lerma had joined the Premier League outfit for a club transfer record sum but not disclosing the amount.
According to Sky Sports News, the two clubs had agreed a £25m fee which eclipses the club's record outlay, set last summer when they signed Nathan Ake for £20m from Chelsea.
"I'm so happy to be an AFC Bournemouth player," Lerma told the official club site.
"The transfer has been very long because it took a while for the clubs to reach an agreement, but the most important thing is that I am here now and everyone got what they wanted in the end.
"I have always loved the Premier League style of football and am very happy to have this opportunity. I am looking forward to success and doing important things for this club."
Eddie Howe's side kick off their Premier League campaign at home on August 11 to Cardiff City.
More to follow.