Real Madrid have announced the signing of Porto fullback Danilo. Danilo will sign a six-year contract with Real.
"Real Madrid and Porto have reached an agreement for the transfer of Danilo, who will join next season and be tied to the club until June 30, 2021," the club said in a statement on Wednesday.
A statement by Porto to the Portuguese stock exchange said the deal was worth 31.5m euros (£23m).
The 23-year-old joined Porto from Santos in 2012 and has won two league titles with the Portuguese giants, as well as playing a big part in their run to the quarter-final of this season's Champions League, where they will face Bayern Munich next month.