Real Betis have signed Alex Moreno from Rayo Vallecano.
Los Verdiblancos made clear through a statement on their club website that the 26-year-old had indeed arrived from Rayo Vallecano, signing a five-year contract which is due to run until June 2024.
A transfer fee of €7.6m was agreed between the two clubs, with a further million euros available to Rayo if performance-based objectives are met.
Rayo will also receive a small percentage of any future transfer fee, and it's understood that these details were one of the sticking points which saw these negotiations drag on and on.
OFFICIAL | #RealBetis sign Álex Moreno
Welcome, @Moreno7alex!
https://t.co/rvNQ1RPNJKpic.twitter.com/xONtyvleIa — Real Betis Balompié (@RealBetis_en) August 21, 2019
