Ajax have completed the €15million signing of Edson Alvarez from Club America, helping to address the loss of Matthijs de Ligt.

Club captain De Ligt completed his long-awaited move to Serie A champions Juventus last week, with the Italians paying an initial €75m for the 19-year-old.

Alvarez signs five-year Ajax deal 

Ajax have wasted little time in spending some of that money on 21-year-old Mexico international Alvarez, who has signed a deal that will keep him at the club until June 2024.

The Dutch giants, winners of a domestic double last term as well as reaching the semi-finals of the Champions League, have been busy in the transfer market during the close season.

Alvarez follows Quincy Promes, Lisandro Magallan, Lisandro Martinez and Razvan Marin in signing for Erik ten Hag's squad.