Juventus confirms signing of Atletico Madrid striker Mario Mandzukic
Serie A champion Juventus has completed the signing of Croatia striker Mario Mandzukic from Atletico Madrid for a fee of 19 million euros.
Mandzukic only joined Atletico from Bayern Munich in July 2014, and scored 20 goals in all competitions for the Spanish club last season.
The former Wolfsburg man had been linked with a move to Manchester United, but has shunned reported interest from the Premier League side to sign a four-year deal with the defeated UEFA Champions League finalist.
A statement on Juventus' official website confirmed the fee for Mandzukic would be paid in three installments, with an initial payment of €7m in August to be followed by two subsequent €6m payments in 2016 and 2017.
Atleti could receive a further €2m in performance-related bonuses.
Mandzukic's arrival comes amid speculation that Carlos Tevez could leave Juventus and return to Argentina with Boca Juniors.
The capture of Mandzukic marks the second move Juve has made to bolster its forward line this month, following the signing of Pablo Dybala from Palermo for a fee that could rise to €40m.