Tottenham Hotspur have been linked with Porto's Joao Moutinho all summer.
With the transfer deadline looming in a matter of hours, Andre-Villas Boas' side have agreed to a £22 million deal for the midfielder (via Goal.com).
The deal comes as a huge surprise.
Spurs' new boss stated a transfer for Moutinho would be "impossible" due to his £31.7 million buy-out clause (via The Independent). It seems miracles do happen.
Moutinho's arrival signals a busy day at White Hart Lane. Danny Rose and Jermaine Jenas have joined Sunderland on loan (via The Daily Mail), and Rafael Van der Vaart has agreed a permanent return to Hamburg (via BBC Sport). Plenty of activity is expected to take place at the club throughout the day.
Andre Villas-Boas has worked hard to replace Luka Modric. The influential Croatian midfielder joined Real Madrid for £33 million (via Goal.com), freeing up significant transfer funds for the Premier League side.
Moussa Dembele joined Spurs for £15 million earlier in the week (via The Guardian), but Van der Vaart's departure means another world-class talent is needed. Joao Moutinho appears to be that man.
The Porto player enjoyed an excellent Euro 2012 tournament with Portugal. Last season he scored four goals and provided four assists in 39 appearances for his club.
His statistics may fail to excite, but Moutinho is a versatile and classy addition to the Spurs squad. Having worked with Villas-Boas at Porto, he should slot straight into the manager's plans.
Moutinho is exactly the type of signing Spurs need to make if they are to push for a Champions League place. With key players exiting, it's important for Andre Villas-Boas to stamp his authority on the club that is still searching for its first win of the Premier League season.