Real Madrid have announced the signing of Benfica fullback Fabio Coentrao.

Madrid have not disclosed the fee for the Portugal international but a statement from Benfica to the Portuguese Securities Market Commission (CMCM) earlier on Tuesday put the transfer fee at 30million euros.

Coentrao passed his medical with Madrid today at the Hospital Sanitas La Zarzuela in "perfect condition" before travelling to the Bernabeu, where he signed his contract alongside club president Florentino Perez.

The versatile 23-year-old wing-back started his career at Rio Ave, where he made his top-flight debut at the age of 16, before moving to Benfica in 2007. He spent loan spells at Nacional, Real Zaragoza and also back at Rio Ave before helping Benfica win the Portuguese league in 2010 and cup in 2011.

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