Paulinho, the Brazil international, is leaving Corinthians for English Premier League side Tottenham Hotspur, he announced late on Monday.
The 24 year old, who was part of the Brazil side that won the Confederations Cup, told a news conference in Sao Paulo that Corinthians had accepted a €20 million (Dh95.7m) offer from Spurs.
Paulinho has played 167 times for the Brazilian club over the last three seasons and scored 34 goals.
The midfielder told reporters that he would play in the South American Supercup against Sao Paulo on July 3 and 17 before heading to London.
There was no immediate comment from Tottenham.
Corinthians won the South American equivalent of the Uefa Champions League, the Copa Libertadores, while Sao Paulo won the Copa Sudamericana.
Tottenham finished fifth in last year's Premier League, just missing out on a Champions League spot (see gallery). They will play in the Europa League instead.
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