Bournemouth has completed the signing of teenage wing Ben Gannon Doak from Liverpool for around £ 25 million.
Sky Sports News understands that the deal for the 19-year-old includes a purchasing option, which was an essential condition for Liverpool to agree to the transfer.
The Scotland International has signed a five -year -old deal in the Vitality Stadium and joins the Cherries after they had been sold to Brentford for £ 42.5 million to Brentford.
The sale of Doak means that Liverpool has now sold eight players this summer for a combined total of £ 227.6 million, which £ 321 million spent on new signing sessions.
Sky Sports News reported earlier in the window that Doak regularly sought first team football this season.
It is understanding that Porto had made an offer on Doak earlier this summer, with Stuttgart, Bologna and Monaco among the other European clubs that viewed a movement for the teenager.
A large number of Premier League clubs, including Nottingham Forest, West Ham, Leeds, Everton and Wolves, were also interested in the Scotland International this summer.
Liverpool rejected the bids of around £ 20 million from Crystal Palace and Ipswich in the January transfer window.
DOAK spent on loan in Middlesbrough last season, scored three goals and added seven assists in 24 championship performances before an injury shorted its season in January.
Gannon Doak: Bournemouth 'Perfect Fit' for me
Gannon Doak was able to make his Bournemouth debut at home in the Premier League against Wolves on Saturday and he will wear the number 11 shirt.
He said: “I buzzing to be here. I feel it is the right moment for me, and it is a great opportunity to play football regularly at the highest level. It feels like the perfect fit.
“The team plays very nice football. It is fast and it really fits my game, so I felt that I couldn't say no to the chance of playing here.”
Gannon Doak is the fourth summer signing of the Cherries and takes the expenditure of the club on just under £ 100 million after the arrivals of goalkeeper Djordje Petrovic, left back Adrien Truffert and Center-back Bafode Diakite.
Tiago Pinto, head of the club's football activities, said: “Ben is an exciting young talent who has shown his quality at the highest level despite his age.
“He brings pace and energy that fits well with our model, and we look forward to helping him to fulfill his potential at AFC Bournemouth.
“We are pleased to bring another player to the club during this window while we continue to reinvest in the team.”