Bojinov spent last season on loan Juventus
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Fiorentina striker Valeri Bojinov has completed his move to Manchester City for an undisclosed fee.
Bojinov, who has signed subject to being granted a work permit, is the latest foreign import to new boss Sven-Goran Eriksson's squad.
The Bulgaria international, 21, made his Serie A debut at the age of 15 for Lecce before making a £9m move to Fiorentina in 2005.
Bojinov, who spent last season at Juventus, has agreed a four-year deal.
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606: DEBATE
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City chief excutive Alistair Mackintosh said: "Our signing of Valeri is another sign of the impact made by Dr Thaksin Shiniwatra and Sven-Goran Eriksson. Valeri is an exciting young player and a great addition to the squad."
The 21-year-old is Eriksson's fourth signing in two days after deals for Javier Garrido, Vedran Corluka and Elano were completed on Thursday.
He is Eriksson's eighth signing since being appointed City manager last month.
European football reporter Dave Farrar thinks Bojinov could "light up the Premier League" and emulate a previous City cult hero.
"Bojinov's got all the talent in the world, and I can see him being a Georgi Kinkladze-style fans favourite," Farrar told BBC Five Live Sport.
"He's one of those players around whom there is always something happening. He's a fun signing."