Manchester City have completed the signing of goalkeeper Willy Caballero from Malaga.

The 32-year-old has put pen to paper on a three-year deal with the Premier League champions.

The Argentine stopper has become City's third signing of the summer, following the captures of Fernando and Bacary Sagna.

"I am very happy, and really looking forward to the start of pre-season and performing well to help the team," Caballero told City's official website.

"This is a new challenge and a new league for me. I have been doing well in the previous years and my goal is to go on and hopefully perform at the same level for City.

"I know I am coming to a big club with a very good goalkeeper. City already have a great goalkeeper in Joe Hart, but I will try and compete for the number one spot. I will do my best in the training sessions."

Caballero played under current City manager Manuel Pellegrini at Malaga, where he made 126 appearances in three seasons.