Man City land Nathan Ake from Bournemouth with $54 million
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Nathan Ake signs a five-year contract with Manchester City at City of Manchester Stadium in Manchester, England, August 5, 2020. /VCG

Nathan Ake signs a five-year contract with Manchester City at City of Manchester Stadium in Manchester, England, August 5, 2020. /VCG

Dutch defender Nathan Ake was transferred from Bournemouth to Manchester City and signed a five-year contract with the new employer, announced the Premier League heavyweights on Wednesday.

"Ake has put pen to paper on a five-year deal, keeping him at City until the summer of 2025. The 25-year-old says he is delighted to have joined City, a Club he feels offers him everything he needs to win trophies and have a successful career," said Man City in a statement.

"City have been the best side in England over the course of the last decade. Coming here is a dream for me. … Pep is a manager admired across the world – what he's done in the game speaks for itself. … I know I'm going to have to work hard to get into the side, but that's what I'm here to do," said Ake in a statement.

Ferran Torres of Valencia in the Liga game RCD Espanyol at Estadio Mestalla in Valencia, Spain, July 16, 2020. /VCG

Ferran Torres of Valencia in the Liga game RCD Espanyol at Estadio Mestalla in Valencia, Spain, July 16, 2020. /VCG

According to ESPN, the transfer cost Man City 40 million pounds (about 52.7 million U.S. dollars) plus one million (about 1.3 million U.S. dollars) of bonuses. Bournemouth surely did not want their best player to leave, but the club also needed money after relegating from the Premier League this season.

This was the second deal Man City completed in 24 hours. On Tuesday, the club announced that they introduced Ferran Torres from Valencia with 23 million pounds (about 30.3 million U.S. dollars). However, considering the current franchise of the team and the play style of the two new members, Ake and Torres may have to start off the bench at City of Manchester Stadium.

Watching Liverpool win the Premier league title with a record lead this season must have upset Man City to continue to waive their check book to seek franchise improvement. Moreover, the lift of UEFA competition ban assured the front office that they can "shop" all the way they want during this transfer window. The 63 million pounds (about 84.3 million U.S. dollars) Man City have already spent might be only an appetizer.