Italian giants have finally signed the Brazilian ace Ronaldinho from FC Barcelona for almost 21 million euros.

Barcelona president Joan Laporta and Milan vice-president Adriano Galliano had been locked in intense talks in the Catalan capital on Monday and Tuesday and emerged only last night to declare that the two clubs have finally reached an agreement over the 28-year two times former FIFA Player of the Year.

Barca shall be paid 21 million euros as transfer fee at the moment, a sum that shall rise by 4 million euros according to certain clauses on the contract.

Ronaldinho and Galliani have now reached Milan where the Brazilian international midfielder shall sign a three-year contract worth almost 20 million euros.

Ronaldinho joined Barcelona in 2003 from French giants PSG and won two La Liga titles and the UEFA Champions League with the Catalan giants.