Manchester City are delighted to announce that Kevin De Bruyne has joined the Club on a six-year deal.
The Belgian international playmaker will wear the No. 17 shirt and follows in the footsteps of Raheem Sterling, Fabian Delph and Nicolas Otamendi in transferring to the Etihad Stadium this summer.
"I want to reach the highest level possible as a player, and I think the most important thing is that at the end of the season we can be happy and maybe have some titles," said De Bruyne.
"I think this is the most important for the Club, the players and for the fans of course."
Manager Manuel Pellegrini also released a statement:
We are very happy to have added Kevin to our team and I have no doubt that he will be a big success on his return to the Premier League.
It takes a special footballer to improve our squad and I have no doubt that Kevin is certainly one of those—he has all of the mental, physical, tactical and technical attributes required to fit straight in.
We like to play attractive, attacking football and bringing in a player like De Bruyne will only aid us as we fight on four fronts.
De Bruyne was left out of Wolfsburg's squad for the 3-0 victory over Schalke on Friday. "He's had an astonishing, astonishing offer from City and we can't compete with that," Klaus Allofs, the German side's sporting director, previously said, relayed by ESPN FC.
On Wednesday, the Mirror reported De Bruyne can expect a six-year contract worth £15 million per season at the Etihad Stadium. An agreement was reached between City and the Belgian on Aug. 21, per Jamie Jackson of the Guardian.
Ed Aarons of the Guardian reported City were "confident" of completing the deal to sign De Bruyne for €74 million (£54 million).
Of that total reported fee, £47 million will be paid up front, according to Ryan Rosenblatt of Eurosport on Aug. 19.