Barcelona have confirmed that forward Paco Alcacer has completed his move to Camp Nou from Valencia.
The 23-year-old underwent a medical with the Spanish champions on Monday and has now signed a five-year contract in Catalonia.
Barca are paying a fee of €30m for his services, while it has also been announced that a release clause of €100m has been inserted into Alcacer’s contract.
The player, who is currently away on international duty with Spain, will be officially presented to the media upon his return next week.
Alcacer scored 13 goals in La Liga last season for Valencia and is expected to act as understudy to Lionel Messi, Luis Suarez and Neymar at his new club.
“I will try and do my bit by brining goals and hard work,” the striker said after signing his contract.
The loan includes an option for Valencia to buy Munir, who will wear the No 9 shirt, permanently for a fee of around £10m (12m euros) next summer. Barcelona would receive a percentage of any future transfer fee as part of the deal.
Valencia have replaced Alcacer with Barcelona youngster Munir El Haddadi, who will spend the remainder of this season on loan at the Mestalla.However, in a statement on their website, Barcelona claim Munir is leaving ‘to continue growing and to further develop his skills so he can come back and reclaim a spot on FC Barcelona’s first team’.