FK Vojvodina have confirmed a deal has been finalised with Manchester United for Vanja Milinkovic.
Club president Zoran Scepanovic addressed a press conference to announce the details of the transfer of the 17-year-old goalkeeper.
"After lengthy talks that have taken place over the past month, we have finally completed negotiations on Monday and we can officially inform the public that our young and promising goalkeeper has joined Manchester United," said Scepanovic.
"He will remain in Vojvodina for the next year, where he will be under the supervision of our experts and coaches from the English football giants, while continuing to train and perform in the jersey of his home club. This is an opportunity to thank everyone who participated in the realisation of this transfer. Can I point out Manchester United's very correct attitude."
The Reds announced in May that a move had been agreed and the teenager would be loaned back to his current side before arriving in Manchester after the Serbian season.
Although he only turned 17 in February, the 6ft 7in keeper is an Under-19 international for his country, along with his brother Sergej.