Portuguese giants Porto have confirmed the transfer of highly rated midfielder Joao Moutinho from domestic rivals Sporting CP for a fee of €11 million plus the services of defender Nuno Andre Coelho. Moutinho has signed a five-year deal with his new club.
Porto only finished third in the Liga Sagres table last term and are therefore determined to add to their ranks ahead of next season in order to fight for the league title again. New coach Andre Villas Boas had made the capture of a new midfielder one of his primary targets on the transfer market.
The 23-year-old Moutinho is a product of the Sporting CP youth academy and made over 150 official appearances for the Lisbon side since making his debut in January 2005. The playmaker was named Sporting CP captain ahead of the 2007-08 campaign.
Moutinho was continually being linked with a move abroad in the past couple of months, but no concrete offers came in for the Portuguese international. Porto then made a move for Moutinho and Sporting opted to cooperate after Moutinho revealed that he wanted a new challenge.
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