Real Madrid have signed Brazilian midfielder Lucas Silva from Cruzeiro for a fee in the region of 9.7 million.
The Under-21 international has signed a long term contract with the European champions that runs until 30th June 2020.
"This is a dream come true," Silva was quoted saying by BBC Sport. "I am delighted to be here."
He added: I thank God, the Cruzeiro and Real Madrid presidents and everyone who helped make this happen.
"I am really happy and motivated. I've come to Real Madrid to learn and above all else to help.
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"I feel good and am ready to honour this shirt, which belongs to the best club in the world.
"I've liked Real Madrid every since I was a child, I'm really happy to be in the city and I'm certain that I will live very well here."
The 21 year old has yet to be capped for the senior Brazilian national team but has played for the Under-21 team.
Silva helped Cruzeiro win the Brazilian league in 2013 and 2014 and his stand out performances alerted the big clubs around Europe.
But it was Real Madrid who won the race for the midfielder who will be in line to play against David Moyes' Real Sociedad on Saturday.