Spanish giants, Real Madrid, on Wednesday, announced the signing of Ferland Mendy from Olympic Lyon.
The 24-year-old has signed a six-year contract at the Santiago Bernabeu, and will be presented on June 19, the club said.
According to Spanish publication, Marca, the Los Blancos paid more than $54 million to sign the pacy Frenchman, hoping to add some competition at left back next season.
It is reported that the club are planning to offload Brazilian, Marcelo, soon.
The transfer fee could rise to almost $60 million, with bonuses and other clauses added in, should Mendy achieve certain benchmarks, the publication added.
Mendy has been a revelation in Ligue 1 for the last few seasons, after his $7 million move from Le Havre to Lyon.
He will join Eden Hazard and Luka Jovic as new signings for Zinedine Zidane, as the club looks to strengthen after an incredibly disappointing season.