Atletico Madrid have signed forward Memphis Depay from Barcelona, the LaLiga club announced on Friday.
Sources have told ESPN the fee for Memphis could rise to over €4 million.
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“Memphis Depay is a new Atletico de Madrid player following the agreement reached with FC Barcelona for the transfer of the Dutch striker to our club, signing for the remainder of the season and two more seasons,” said a club statement.
The Netherlands international’s contract at Barca was due to expire in June and he had played a minimal role at Camp Nou this season, starting just two league games.
Barcelona also added that the deal includes “a preferential but not compulsory purchase option for the player Yannick Carrasco.”
Atletico are looking to strengthen their forward line after they allowed Joao Felix to join Chelsea on loan and Matheus Cunha moved to Wolves, leaving them relying on Alvaro Morata, Antoine Griezmann and Angel Correa in attack.