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Official: Portugal's Sporting secures Barcelona's Jeffren for €3.7m

Portugal's Sporting has announced to the Portuguese stock market (CMVM) it has signed Barcelona winger Jeffren for 3.7 million euros.

The 23-year-old midfielder has penned a five-year contract with the Portuguese club, with a 30 million euro buy-out clause inserted into the deal.

Sporting has revealed that Barcelona will be entitled to 20 percent of the profit of a future sale of Jeffren, with no mention of a buy-back clause for the Catalan club, which had been suggested by the Portuguese media over the last few days.

Jeffren, a product of Barcelona's youth ranks, has opted for a new challenge after being told he would have little room to operate at the Camp Nou in the new season.

The Spain Under-21 international has become Sporting's 14th signing this summer, and the second Spaniard to arrive at the Estadio do Alvalade in the transfer window, following the acquisition of Sevilla's Diego Capel for 3.5 million euros last month.

It is believed that Jeffren will immediatelly join up with the rest of the team as they will participate in the Ramon de Carranza trophy at the weekend, together with Cadiz, Malaga and Udinese.