Montenigrin international defender Stefan Savic signed for Spanish side Atletico Madrid from Serie A outfit Fiorentina on Monday, the buying club announced.

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The 24-year-old -- who won the English Premier League title with Manchester City in 2012 -- signed a five year contract for a fee reported to be around 9million euros ($9.7million) by Italian media.

"We are delighted over this agreement with Fiorentina, because Stefan is a very promising player with a great future ahead of him," said Atletico sporting director Jose Luiz Perez Caminero.

"He is a pacey and powerful defender, and is experienced despite his youth."

Savic, who had been with Fiorentina since 2012, will fill the vacuum left by Brazilian international Joao Miranda`s departure to Inter Milan.