Midfielder completes switch to White Hart Lane early.
Midfielder Lewis Holtby has completed his transfer to Tottenham early and will move to White Hart Lane this month after Schalke accepted an offer on Monday.
Holtby signed a pre-contract agreement earlier this month to swap Germany for north London at the end of the season on a free transfer, but Tottenham paid £1.5million to bring the transfer forward after losing Brazilian Sandro to a season-ending knee injury.
An initial offer was rejected and labelled “unacceptable” with Schalke wanting £1.5million to buy out the remaining six months of German under-21 captain Holtby’s contract and the two parties reached an agreement on Monday.
A statement on the Spurs website read: “We are delighted to announce that we have reached agreement with Schalke for the immediate transfer of Lewis Holtby.”
The 22-year-old Holtby has signed a four-and-a-half year contract and Schalke director of sport Horst Heldt added: “We have found the best solution for all involved.
“Lewis had hinted to us that he would not be against moving immediately, and Schalke have received a decent sum for a player whose contract was due to expire in five months. We wish Lewis all the best for the future.”