Atletico Madrid have confirmed the signing of forward Leo Baptistao from Rayo Vallecano for an undisclosed fee.
"Atletico Madrid and Rayo Vallecano have reached an agreement for the transfer of Leonardo Carrilho Baptistao to the Rojiblanca," said a statement on Atleti's website. "The 20-year-old Brazilian striker, with an Italian passport, will be tied to Atletico for five seasons."
The Brazilian scored seven goals and provided six assists in Rayo's best ever campaign in the top-flight this season as they finished eighth.
Atleti were in the market for a striker following the departure of top-scorer Radamel Falcao to Monaco last week.
And Baptistao is unlikely to be the only forward brought in to reinforce Diego Simeone's squad as they prepare for a first UEFA Champions League campaign in four years.