Bournemouth have completed the signing of teenage winger Ben Gannon Doak from Liverpool for around £25m.
Sky Sports News understands the deal for the 19-year-old includes a buy-back option, which was an essential condition for Liverpool to agree to the transfer.
The Scotland international has signed a five-year deal at the Vitality Stadium and joins the Cherries after they sold forward Dango Ouattara to Brentford for £42.5m.
Doak's sale means Liverpool have now sold eight players this summer for a combined total of £227.6m, having spent £321m on new signings.
Sky Sports News reported earlier in the window that Doak was seeking regular first-team football this season.
It is understood Porto had made a bid for Doak earlier this summer, with Stuttgart, Bologna and Monaco among the other European clubs eyeing a move for the teenager.
A host of Premier League clubs, including Nottingham Forest, West Ham, Leeds, Everton and Wolves, were also interested in the Scotland international this summer.
Liverpool rejected bids of around £20m from Crystal Palace and Ipswich in the January transfer window.
Doak spent last season on loan at Middlesbrough, scoring three goals and adding seven assists in 24 Championship appearances before an injury in January cut his season short.
More to follow...
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ceocikouz
0
Bournemouth is just signing everything that has two legs for £25m how can you be fooled by Liverpool like that? sign 19yr old for a whopping £25m & still allow buy back clause in it.
StanleyPaul
0
This lad is costlier than Sacho of man united
Ibcrusher07
1
he'll definitely succeed
sirbodmas
2
10 goals and assist in 24 games is not a bad return. He can / will do better with more training and dedication.
BieberSmith
5
good luck doak all the best