Cagliari have announced that they have taken up the option to sign Thiago Ribeiro from Rentistas on a permanent basis.
It had been reported that the attacker, who joined the Rossoblu on loan from the Uruguayan club last summer, did not want to remain in Sardinia.
However, these rumours were dismissed in a statement on the Italian club's official website announcing Ribeiro's arrival.
"In reference to the many rumours that have been circulating in recent days regarding Thiago Ribeiro, Cagliari, as usual, has based its actions on facts and not mere words," the statement read.
"The player has had his contract extended for the agreed fee, on 1 July. Therefore, all of the allegations and statements made regarding the player's contractual situation were without foundation."
The 26-year-old, who previously enjoyed a loan spell in Europe with Ligue 1 side Bordeaux, scored four goals in 35 appearances in Serie A last season.
Editors' Picks

Manchester City target five trophies in five years
LONDON (Reuters) - Manchester City have set their next manager the daunting task of winning five trophies in the next five years. City sacked manager Roberto Mancini earlier this month, saying the club had failed to achieve any of its stated targets for the season except qualification for the Champions League and are expected to appoint Malaga coach Manuel Pellegrini. "If we look at the next five years, I would say I want to win five trophies," City chief executive Ferran Soriano was quoted as

EXCLUSIVE - Malaysia tycoon plans IPO of football club Cardiff City - sources
By Yantoultra Ngui KUALA LUMPUR (Reuters) - Malaysian billionaire Vincent Tan is exploring an IPO of U.K football team Cardiff City for as early as this year, people with knowledge of the matter told Reuters, in a deal that would follow the team's recent promotion to the Premier League. A listing for the Welsh team would follow Manchester United's debut on the New York Stock Exchange last year, which raised $233.2 million in the largest sports team IPO ever. The process is in its early stages,



Wolfsburg shock Lyon to win women's Champions League final
LONDON (Reuters) - Wolfsburg completed a surprise victory in the women's Champions League final on Thursday, beating twice defending champions Olympique Lyon 1-0 thanks to a second-half penalty from Martina Mueller. The German side became the first team to defeat the French champions in normal time in 120 games. Favourites Lyon, who were appearing in their fourth straight final, dominated for large parts of the match but were unable to find a breakthrough at Chelsea's Stamford Bridge stadium.

Latest videos

Confederation Cup cities announced
SNTV Videos - Fri, Nov 9, 2012 6:53 PM SGT![Confederation Cup cities announced [AMBIENT]](http://l.yimg.com/os/mit/media/m/base/images/transparent-1093278.png)
Confederation Cup cities announced [AMBIENT]
SNTV Videos - Fri, Nov 9, 2012 6:51 PM SGT![Ulsan win from behind at Bunyodkor [AMBIENT]](http://l.yimg.com/os/mit/media/m/base/images/transparent-1093278.png)
Ulsan win from behind at Bunyodkor [AMBIENT]
SNTV Videos - Thu, Oct 25, 2012 1:50 AM SGT
Ulsan win from behind at Bunyodkor
SNTV Videos - Thu, Oct 25, 2012 1:47 AM SGT![Kuwait SC beat Al Ettifaq to reach AFC Cup final [AMBIENT]](http://l.yimg.com/os/mit/media/m/base/images/transparent-1093278.png)
Kuwait SC beat Al Ettifaq to reach AFC Cup final [AMBIENT]
SNTV Videos - Wed, Oct 24, 2012 6:39 AM SGT
Kuwait SC beat Al Ettifaq to reach AFC Cup final
SNTV Videos - Wed, Oct 24, 2012 6:36 AM SGT![Arbil beat Chonburi to reach AFC Cup final [AMBIENT]](http://l.yimg.com/os/mit/media/m/base/images/transparent-1093278.png)
Arbil beat Chonburi to reach AFC Cup final [AMBIENT]
SNTV Videos - Wed, Oct 24, 2012 1:33 AM SGT
Arbil beat Chonburi to reach AFC Cup final
SNTV Videos - Wed, Oct 24, 2012 1:30 AM SGT
LATEST SPORTS NEWS
Today on Yahoo!
More From 
- Ranieri: Monaco want to become the new Chelsea
- Gotze absence points the way to Bayern glory
- 'We want to win five trophies in the next five years' - Manchester City demand instant success from Mancini successor
- Makaay: Bayern will do it this time
- Xavi urges Thiago to remain patient amid Manchester United interest
Most Popular Stories
Kevin Durant’s giant back tattoo is finished, may include misspelling
Ball Don't LieKevin Durant's collection of "business tattoos" took a number of folks by surprise two summers ago. Some were struck by the torso-covering tats, which they viewed as a departure from the clean-cut, broad-appeal persona he'd cultivated; this seemed like a … Continue reading →



What will David Beckham do next?
Fit To Post SportsBy Early Doors (original post from Yahoo! Eurosport can be found here) David Beckham will bring down the curtain on his 21-year career as a professional footballer when the French champions Paris Saint-Germain visit Lorient in their final Ligue 1 … Continue reading →


