Manchester City have successfully signed Nicolas Otamendi from Valencia on a five year deal for a reported fee of €45 million. The 27 year-old was earlier linked with Manchester United and Real Madrid but he settled for a move to Manchester City. 
Otamendi joined Valencia from Porto last summer and scored 6 goals in 25 appearances to help the Spanish club finish fourth in the La-Liga last season. He was also a member of the Argentina team that finished runners up to Chile in the Copa America last month.