" Barcelona have announced the signing of Frenkie de Jong from Ajax for €90m

Barcelona have announced the signing of Frenkie de Jong from Ajax for €90m

Barcelona have announced the signing of highly-rated midfielder Frenkie de Jong from Ajax on a five-year deal.

The Blaugrana's bid of €86m plus €4m in variables was accepted by the Dutch club and the 21-year-old will arrive at the Camp Nou in the summer.

He is now the ninth most expensive footballer of all-time.

De Jong was also being courted by Paris Saint-Germain and Manchester City, but Barca managed to seal a breakthrough after talks in Amsterdam.

The highly-rated midfielder will reportedly pocket around €200,000-a-week, making him one of Barca's highest earners.

He will also receive a number of bonus incentives in his contract, with Barca breaking their club policy of not offering younger players huge deals to seal the transfer.

With De Jong's move now official, it is highly unlikely that Ernesto Valverde's side will continue to pursue PSG's Adrien Rabiot.

Reports from Holland have also suggested that De Jong's Ajax teammate Mathijs de Ligt could follow him to Catalonia in the summer as well.