Inter Milan have signed forward Lautaro Martinez on a five-year contract from Argentina's Racing Club, the Italian Serie A club said on Wednesday (www.inter.it).

The 20-year-old, capped once by Argentina, has joined the Milan-based club for a reported fee of around 22 million euros ($25.6 million), Italian media reported.

Martinez, nicknamed "El Toro", made 21 league appearances last season, scoring 13 goals.

"After being monitored by various European clubs in the past months, El Toro is now ready for a new adventure with Inter," Inter said in a statement.

($1 = 0.8591 euros)

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