The transfer caps off an unprecedented spending summer for Premier League clubs, who have splashed out more than €3.5 billion.
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Liverpool FC on Monday broke the English transfer record in signing Alexander Isak for £125 million, or around €145 million, from Newcastle United on deadline day.
The Swedish international signed a six-year contract, bringing Liverpool's summer spending to around (€480.6m) without add-on fees.
"I think I have a lot to give, I think I have a lot to improve. I’m a striker but I always want to give as much as possible to the team, mainly goals but much more than that as well," Isak, who will join the team as their new number 9, said.
“I want to win everything," he emphasised.
The Swedish player began his career with AIK in his homeland before moving to Borussia Dortmund in 2017.
He signed for Spain's Real Sociedad in the summer of 2019 and helped the team win the 2019-20 Copa del Ray.
The deal brings to an end a protracted transfer saga involving weeks of behind-the-scenes wrangling.
The reported fee beats the previous English transfer record of £107 million (€124m), when Chelsea paid for Enzo Fernandez in 2023.
It also brings the club’s total spending to above £400 million (€464m) — the only time a Premier League club has exceeded £300 million (€348m) in one transfer window.
Overall, Premier League clubs splashed out more than ever in this transfer window, with spending surpassing £3 billion (€3.48bn), up from last year’s spending of £1.96 billion (€2.27bn).