James Rodriguez now fully owned by Porto

FC Porto have become the sole proprietor of forward James Rodriguez, having bought the final 35% of the player’s rights.

The Portuguese giants said in a statement to Portugal’s stock exchange that they had acquired 35 percent of the economic rights of James Rodriguez for €8.75 million.

This has taken club’s total investment in the player to €13.55 million, which looks a very good deal considering the player is now worth at least twice that amount.

James Rodriguez, 21, is widely regarded as one of world’s most talented forwards, with top European clubs already lining up for his signature.

The Colombia international joined FC Porto in the summer of 2010 from Banfield and quickly become a key member of the side at Estadio do Dragao.

Rodriguez has made a total of 53 Primeira Liga appearances for the Dragons, and scored 22 goals in the process.

Despite his fragile age, the forward is also considered an important member of Colombia national team and has started all eight 2014 World Cup qualifiers for los Cafeteros.