Jannik Vestergaard has left Borussia Monchengladbach and completed a move to Southampton on Friday, after a slight delay due to paperwork at the German side of the deal. The 6ft 6in centre-back becomes Saints’ fourth signing of the summer transfer window.
The Denmark international has signed a four-year deal with the Premier League outfit. Monchengladbach sports director Max Eberl confirmed the German outfit had reached an agreement with the English club for the transfer of Vestergaard.
He made clear Monchengladbach were happy with the fee they received from their player’s sale.
Multiple reports in England suggested the fee agreed between the two clubs is £18m, which is just over €20m. However, German publication Kicker claims Monchengladbach pocketed €23m from Vestergaard’s transfer to St Mary’s Stadium.
The €23m fee collected from Vestergaard’s sale is the second highest in Monchengladbach’s history, after the €43m Arsenal paid them to sign Granit Xhaka in the summer of 2016.