Cristiano Ronaldo is joining Juventus after the Italian club agreed a €100m (£88.3m) fee for the Portuguese forward with Real Madrid.
The 33-year-old is ready for a new challenge after nine years at Real Madrid.
Ronaldo is signing a four-year deal with an annual salary of around €30m. In Italy clubs have to pay the same amount in tax, which takes the total cost of the transfer to €340m (€100m transfer fee plus €240m in salary and taxes).
Real Madrid released a statement on Tuesday saying that they had agreed to the transfer “at the will and the request of the player”. The statement added: “Real Madrid would like to express its gratitude to a player who has proved to be the best in the world and who has made this one of the most brilliant times in the history of our club.
“Beyond the titles he won during these nine years, Cristiano Ronaldo has also been an example of dedication, work, responsibility, talent and constant improvement.”