Newcastle United have signed Southampton defender Tino Livramento in a deal worth up to £40m.

The deal is worth an initial £32m and the 20-year-old Englishman has signed a five-year contract.

Livramento, who joined Southampton from Chelsea for £5m in 2021, is Newcastle’s third summer signing.

“Tino is a very talented young player with an exciting future ahead of him so we are delighted to sign him,” said manager Eddie Howe.

“At 20, he already has lots of attributes that I admire, but he also has the potential and drive to really grow with this team.

“I’m looking forward to working with him and to seeing him develop in a Newcastle shirt.”