One in, one out at West Ham
West Ham have signed defender Manuel Da Costa from Fiorentina, and allowed forward Savio Nsereko to move in the opposite direction.
Fiorentina announced the completion of both deals this evening. Germany U-21 international Nsereko returns to Italy just seven months after joining West Ham from Brescia for a fee of around £9million.
He struggled to make an impact in the Barclays Premier League, and West Ham will hope Portuguese centre-back Da Costa is better equipped to adapt to English football.
Da Costa, 23, moves to Upton Park on a three-year contract after one unhappy season in Italy. The defender joined Fiorentina in January 2008 from PSV Eindhoven, having previously been a target of Italian giants Inter Milan and Juventus.
He made just one league appearance for the Viola before being sent on a six-month loan to Sampdoria. His fortunes did not change at Samp, however, where he made just three appearances.
Da Costa, who was born in France but elected to play for Portugal, was under contract with Fiorentina until January 2013.
West Ham will retain 50 per cent of Nsereko's sell-on value in the future after the forward's disappointing spell in the capital came to an end after just 11 appearances.
"This is a good deal for everyone concerned," said West Ham chief executive Scott Duxbury. "Although not for the want of trying, Savio has struggled to make an impact for various reasons, while Manuel is also looking for a fresh start.
"We will continue to look at home and across Europe for the brightest prospects as they best fit our vision for this club's future. Had our financial situation been different we would have preferred to have kept and developed Savio.
"However, we are required to make savings and our policy has always been to sell players on the fringes rather than established first-team players. With the fee we received for Savio and 50 per cent sell-on together with acquiring the highly-rated Da Costa, it represented a great deal."