Barcelona has officially signed Paulinho from China’s Guangzhou Evergrande for a fee of €40 million, according to AS.
The deal will have the Brazilian midfielder at Barca until 2021 and includes a buyout clause of €120 million.
The 29-year-old’s transfer fee is tied for the fourth highest that the Catalonians have ever paid for a player — with Barcelona paying the same €40 million for David Villa and Marc Overmars.
His fee is surpassed by Neymar (€88.2 million), Luis Suárez (€81.72 million) and Zlatan Ibrahimovic (€69.5 million).
Paulinho will undergo a medical before being unveiled to the blaugrana fans on Thursday.
Before joining the La Liga giants, the midfielder lined up for Tottenham but after two dismal years with Spurs, he made his way to China.
In his time in the Chinese Super League, Paulinho revitalized his career with Guangzhou accumulating 95 total appearances and netting 28 goals in his time there.
Now, with the transfer window still very much open, it seems like Barca is not done bringing players to the Camp Nou yet — looking to finish up either one of the Coutinho or Dembélé deals.
However, the Catalans will face serious opposition from Liverpool and Borussia Dortmund, respectively, as the clubs will try to prevent their superstars from making an exit to Spain.