Official: Porto Sign Colombian Wonderkid James Rodriguez From Banfield

The young winger has signed a contract with Porto...
Portuguese giants Porto have confirmed the capture of promising youngster James Rodriguez from Argentinian side Banfield. The Liga Sagres titans have secured 70 per cent of the player's transfer rights for a fee of €5.1 million.

Porto finished only third in the Portuguese league last term and opted to part company with head coach Jesualdo Ferreira at the end of the season. New head coach Andre Villas Boas is determined to add some fresh blood to his ranks ahead of the 2010-11 season and has now gotten his desired reinforcements.

The 18-year-old Rodriguez started his career at Envigado, but joined Banfield in the summer of 2008. The versatile attacker had since developed into an important first team player at Banfield and was continually being linked with a move to Europe.

Napoli, Espanyol and Benfica were also keen on the Colombian starlet, but Rodriguez has now opted to join Porto instead. He has signed a four-year deal with his new club. Rodriguez has a €30m release clause in his contract.

The Dragoes earlier this week signed influential midfielder Joao Moutinho from rivals Sporting CP for a fee of €11m.

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