Bayern Munich have announced the double signing of Borussia Dortmund captain Mats Hummels and reported Manchester United target Renato Sanches.
Sanches, the 18-year-old Benfica and Portugal midfielder, was confirmed as the club's first summer signing for an initial 35million euros (£27.5m).
And just minutes later, the long-awaited deal for Hummels was announced by both Bayern and Dortmund. The 27-year-old has signed a five-year deal, subject to a medical, after the club agreed an undisclosed fee reported as 38m euros (£30m).
Hummels made the switch from Bayern to Dortmund in 2008 having made only one first-team appearance for the Bavarian side, and has since established himself as a key man for club and country.
"We're delighted that Mats Hummels has decided to join Bayern," said Bayern's chairman Karl-Heinz Rummenigge on his club's website.
"Mats is one of the best central defenders in the world and we're able to improve the quality of our team even further with him."
Hummels had informed Dortmund recently of his desire to leave them this summer, a year before his contract in Westphalia was due to expire, and return to Munich.
But he told the club's website: "This was not an easy decision for me after eight and a half successful years with BVB.
"I was always proud and still am to wear the BVB shirt and to be part of this extraordinary team."
Hummels' current and future employers meet in the final of the DFB-Pokal on May 21 and he stressed he remains committed to Dortmund.
"Before I return to my home city in the summer, we still have the huge, mutual goal of bringing the DFB-Pokal back to Dortmund and celebrating a huge festival of football with the BVB fans," he said.
"I and my team-mates will give everything for that."
Hummels follows Robert Lewandowski and Mario Gotze in leaving Dortmund for Bayern in recent seasons.
Dortmund host Cologne on Saturday in their final league game of the season and general manager Hans-Joachim Watzke has appealed to his club's fans to back rather than barrack their departing captain.
"I would like to stress that Mats behaved very openly and fairly towards us at all times," he said.
"Mats won two Bundesliga titles with BVB, and the double in 2012. He reached the final of the Champions League with us in 2013 and became world champion in 2014 while a Dortmund player.
"We respect Mats' decision and hope that, both for him and BVB, he receives the recognition during his last few weeks for the Black-and-Yellows that he deserves, and that he leaves Dortmund with the DFB-Pokal in his hands."
The deal for Sanches, meanwhile, includes an eye-watering 45million euros in potential add-ons.
The 18-year-old impressed during the two teams' Champions League quarter-final tie and Bayern have reached an agreement which the Portuguese club said could rise to 80million euros (£63million) if certain goals were achieved.
Sanches has signed a five-year contract in Munich after passing a medical on Monday.
"Bayern have been watching Renato Sanches for a long time," said Rummenigge. "We're pleased that we have been able to sign him, despite competition from some big clubs.
"Renato is a dynamic midfielder who is strong in the tackle and technically gifted, and he is going to strengthen our team further."
Although he will not be his coach next season, ceding the Bayern reins to Carlo Ancelotti, Bayern coach Pep Guardiola has also spoken highly of the 18-year-old.
"He's by far and away one of the best young players in Europe," he said. "He's got a lot of quality and personality, and he runs a lot. He's got a great future ahead of him."
Sanches made his debut for the senior Portugal national team in March and has played 24 league games for Benfica this season, in addition to making six appearances in the Champions League.
Source: PA
