Southampton, England – Southampton announced the record signing of forward Gaston Ramirez from Bologna on Friday in a deal worth $19 million.
Ramirez had been targeted by the Saints for some time, while also drawing interest from both Liverpool and Tottenham.
"There is a lot of ambition at the football club and we are all delighted that Gaston is going to come and join us," Southampton manager Nigel Adkins said.
"Great credit to everyone because we have a young, exciting talent joining us who is one of the best around.
"The chairman has gone and backed this deal big-time with the financial outlay, and what we have got is one of the most exciting prospects in world football coming to St Mary's."
The 21-year-old totaled 12 goals in 58 games for Bologna since joining the club in 2010, while he has also appeared for Uruguay's national team.