City splash £47.5m for Stones

Manchester City splashed out a reported £47.5 million ($61 million, 55 million euros) to sign England defender John Stones from Everton on Tuesday.

Stones agreed a six-year contract with City and is reported to have become the second most expensive defender in history behind Paris Saint Germain and Brazil star David Luiz.

"I'm absolutely delighted to sign for City and now the deal's done I'm looking forward to the next stage in my career," Stones told City's website.

News of Stones' imminent move to Eastlands had leaked out earlier in the day when UEFA's website included the 22-year-old centre-back in City's squad for next week's Champions League play-off against Steaua Bucharest.

City responded by quickly announcing the deal.