LaLiga giants Barcelona have confirmed Xavi Hernandez's first big-money signing for the club ahead of the January transfer window.

Click through the gallery above to see Barcelona's most expensive signings in history.

The Catalan giants already secured the services of Dani Alves on a free transfer from Brazilian outfit Sao Paulo last month.

The club has now confirmed that they have reached an agreement with Manchester City for the transfer of Spain international Ferran Torres.

Statement:

FC Barcelona has reached an agreement with Manchester City for the transfer of Ferran Torres.

The player has signed a contract for the next five seasons, until 30 June 2027, and his buyout clause has been set at 1 billion euros.

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