Question:
Manchester United have completed the signing of England striker Wayne Rooney from Everton.
The 18-year-old is now registered as a United player after he passed a medical with the club earlier today and all the details were finally agreed.
The clubs reached 'outline agreement' earlier today and the deal was completed with four and a half hours to go before the closure of the transfer window.
United released a statement to announce they had finalised an agreement with Everton for Rooney.
It read: 'Wayne has signed a six-year contract until June 30 2010.
'The fee payable to Everton is £20million. Half is due now, with half due on August 1 2005.
'In addition there are contingent payments to Everton over the next five years up to a maximum of £7million, dependent on club success, the player renewing his contract and his appearances at international level.
'Of this sum, £3million will be due to Everton provided Rooney remains registered to MU until June 30 2007.'
United also revealed that Rooney's representatives would receive £1.5million.
'Agents' fees payable to Proactive Sports Management Limited in relation to both the acquisition of the player and negotiation of his personal terms totalled £1.5million.
'Of this sum, £1million is guaranteed, of which £0.5million is payable immediately and the balance over the following five years in equal instalments.
'The remaining £0.5million will be paid in five equal instalments over the duration of Rooney's contract provided he remains registered to MU at the due dates for payment.'
Rooney will be unveiled at a 1pm press conference tomorrow.
He said: 'It was a tough decision to leave Everton, the club I've supported and played for all my life, but I'm excited to be joining a club as big as Manchester United.
'I feel this can only improve my career, playing with top players in top competitions like the Champions League and I can't wait to meet up with the team.'
Manager Sir Alex Ferguson is thrilled to have Rooney on board after competition for his signature from Newcastle.
'I am very excited, I think we have got the best young player this country has seen in the past 30 years. Everyone is delighted by this signing,' he said.
Chief executive David Gill added: 'We are delighted to have reached an agreement for Wayne.
'He will be a tremendous asset to Manchester United and undoubtedly has a bright future ahead of him.'

Answer:

Manchester United have completed the signing of England striker Wayne Rooney from Everton.
The 18-year-old is now registered as a United player after he passed a medical with the club earlier today and all the details were finally agreed.
The clubs reached 'outline agreement' earlier today and the deal was completed with four and a half hours to go before the closure of the transfer window.
United released a statement to announce they had finalised an agreement with Everton for Rooney.
It read: 'Wayne has signed a six-year contract until June 30 2010.
'The fee payable to Everton is £20million. Half is due now, with half due on August 1 2005.
'In addition there are contingent payments to Everton over the next five years up to a maximum of £7million, dependent on club success, the player renewing his contract and his appearances at international level.
'Of this sum, £3million will be due to Everton provided Rooney remains registered to MU until June 30 2007.'
United also revealed that Rooney's representatives would receive £1.5million.
'Agents' fees payable to Proactive Sports Management Limited in relation to both the acquisition of the player and negotiation of his personal terms totalled £1.5million.
'Of this sum, £1million is guaranteed, of which £0.5million is payable immediately and the balance over the following five years in equal instalments.
'The remaining £0.5million will be paid in five equal instalments over the duration of Rooney's contract provided he remains registered to MU at the due dates for payment.'
Rooney will be unveiled at a 1pm press conference tomorrow.
He said: 'It was a tough decision to leave Everton, the club I've supported and played for all my life, but I'm excited to be joining a club as big as Manchester United.
'I feel this can only improve my career, playing with top players in top competitions like the Champions League and I can't wait to meet up with the team.'
Manager Sir Alex Ferguson is thrilled to have Rooney on board after competition for his signature from Newcastle.
'I am very excited, I think we have got the best young player this country has seen in the past 30 years. Everyone is delighted by this signing,' he said.
Chief executive David Gill added: 'We are delighted to have reached an agreement for Wayne.
'He will be a tremendous asset to Manchester United and undoubtedly has a bright future ahead of him.'