Barcelona have confirmed that they have completed the signing of midfielder Javier Mascherano from Liverpool on a four-year deal via their official website but have not mentioned the transfer fee paid to the Premier League side.
The Argentine international successfully underwent his medical at the Camp Nou late Monday morning to seal his move from Anfield. Reports suggest that the amount paid to Liverpool is €21 million with an additional €2-3m in bonuses.
Barcelona have revealed that Mascherano's contract has a buy-out clause of €90 million. A statement on their official website reads:
"Javier Mascherano is officially a player of FC Barcelona after he signed a four-year contract with the club on Monday afternoon at the Camp Nou offices.
"The Argentinian put pen-to-paper on the deal that includes a €90 million buy-out clause after Barça agreed terms with Liverpool over the transfer on Friday."
Mascherano will join David Villa and Adriano as Barcelona's new signings for the 2010-11 campaign, bringing the Blaugrana's total spending in the summer transfer market to approximately €70.5 million.