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. Last Updated: 07/27/2016

PSV Signs Wunderkind

RIO DE JANEIRO () -- Ronaldo, the wunderkind of Brazilian soccer, a world champion at 17, a scoring talent compared to Pele, now belongs to PSV Eindhoven.

Brazil's Cruzeiro club announced Wednesday it has reluctantly transferred the youngest member of the Brazilian national team to the Dutch club for $6 million, the most ever paid for a Brazilian player.

PSV outbid Dutch rival Ajax for the rights to the Brazilian. Souza said PSV will pay Ronaldo his 15 percent of the sale price plus transfer fees, while Ajax offered a flat $6 million.