AFC Bournemouth have completed the permanent signing of Alex Jiménez from AC Milan, with the previously agreed obligation to buy now activated as planned.

The deal is worth €19.5 million as a fixed fee, with a further €5.3 million in performance-related add-ons. Jiménez has signed a five-and-a-half-year contract with the Premier League side.

The transfer fee will be shared between AC Milan and Real Madrid, with the Spanish giants retaining a 50% sell-on clause from the player’s earlier move to Milan.

Jiménez initially joined Bournemouth on loan last summer for a reported €2 million fee. During the current season, the versatile Spaniard has made 22 appearances for the club, impressing with his adaptability across the right flank.

He has been deployed at right-back, right wing-back, right midfielder, and right winger, becoming a valuable tactical option for the squad.

Bournemouth’s decision to trigger the obligation reflects their confidence in Jiménez’s impact and long-term role at the club.