AC Milan confirmed the signing of Andre Silva from Porto for a fee believed to be €38 million on Monday afternoon, taking their spending so far this summer to €99m.
The 21-year-old becomes Milan's fourth coup of the transfer window, following the arrivals of Mateo Musacchio, Ricardo Rodriguez and Franck Kessie.
Silva moves for much less than his €60m release fee due to Porto's recent fine from UEFA for failing to comply with Financial Fair Play obligations, with agent Jorge Mendes negotiating a transfer of around €38m.
The striker was in excellent form in the Primeira Liga last season, scoring 16 goals in 32 games for Porto, as well as four times in eight Champions League appearances.
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