The north London club have captured the former PSG man on a temporary basis with an option to make the deal permanent at the end of the 2019-20 season
Tottenham have confirmed the arrival of Giovani Lo Celso from Real Betis, ending a protracted transfer saga.
The Argentina international midfielder will join on an initial one-year loan deal, with an option to buy the soccer professional permanently at the end of the season.
The fee for his permanent sale has been expected to be €60 million (£55m/$67m), Goal can confirm.
“We are delighted to announce that we have reached agreement for the season-long loan signing of Giovani Lo Celso from Real Betis with an option to make the transfer permanent,” said a Tottenham statement.
Tottenham have been linked with a move for the former Paris Saint-Germain man throughout the transfer window, despite him only having signed a permanent deal in Spain at the end of last season.
He spent 2018-19 on loan at Betis where he impressed, scoring 16 goals in 45 appearances in all competitions.
That good form saw the Primera Division side make his temporary deal a permanent one, paying PSG €25m (£23m/$28m) for his services.
“The club wishes Giovani Lo Celso the best of luck in this transfer period,” Betis said on their official website.
The attacking midfielder started his career at Rosario in his home country, before Ligue 1 giants PSG snapped him up in the summer of 2016, immediately loaning him back to the Argentine club.
After his arrival in Paris, the 19-cap international helped the club win Ligue 1 in 2018, two Coupe de France titles and the 2018 Coupe de La Ligue. He made a total of 54 appearances in France, scoring six times.
Lo Celso joins Ryan Sessegnon, Tanguy Ndombele and Jack Clarke as new faces in north London.
The 18-year-old Clarke has been loaned back to Leeds United for this season.
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Spurs famously did not make any signings last season, with Lucas Moura the last soccer professional to join the club, in January 2018, before the arrivals of Ndombele and Clarke.
Despite the lack of business in the market, Spurs still reached the Champions League final last term, losing to Liverpool in June.
There were links to Paulo Dybala this week, but that move has fallen through, but they were able to get Lo Celso over the line just after the transfer window shut on Thursday.