Belgian international winger Yannick Ferreira-Carrasco completed a move worth a reported 15 million euros from Monaco to Atletico Madrid, the Ligue 1 club confirmed on Friday.

It was a busy day of ins and outs at the French club as they spent a reported 28million euros in buying two highly-rated young midfielders in Mali's Adama Traore, player of the recent World Under-20 tournament, and Portuguese Under-21 international Ivan Cavaleiro.

Ferreira-Carrasco, 21 and who helped Monaco reach last season's Champions League quarter-finals, has been targeted by Atletico as they look to replace Turkish international Arda Turan, who joined Barcelona on Monday for a fee that could reach 41 million euros ($45m, £29m).

Ferreira-Carrasco signed a five-year deal at the Vicente Calderon after passing a medical in the Spanish capital.

Atletico will pay a reported initial fee of 15 million euros on top of which will be added bonuses, including 25 percent of any future sell-on fee.

The right-footed left-winger broke into the full Belgian squad last season and scored six goals to help the principality club finish third in Ligue 1.

Traore, who scored twice in 20 appearances for Lille last season, signed a five-year contract for a reported fee of 14 million euros.

Going in the opposite direction was Moroccan international midfielder Mounir Obbadi, who signed a two-year contract with Lille.

Cavaleiro, who played for Portugal at the European Under-21 championships last month where they reached the final, also cost a reported 14 million euros from Benfica and is seen as a ready made replacement for Ferreira-Carrasco.

He was later joined by compatriot striker and fellow Under-21 international Helder Costa, who also arrived from Benfica but the striker is only on a loan deal.

Monaco have already sold France midfielder Geoffrey Kondogbia to Inter Milan for a reported 35 million euros this summer, while veteran forward Dimitar Berbatov has been released.

Atletico are hoping to make their second major signing in a matter of days after Argentine forward Luciano Vietto joined from Villarreal for a reported 20 million euros to help plug the gap left by Juventus-bound Mario Mandzukic.