Watch free live football streams, live TV

Sebastian Giovinco has signed a three-year contract with Juventus.

The Italy striker, who is currently on Euro 2012 duty, returns to the Bianconeri on a permanent transfer from Parma.

Giovinco was part-owned by Juve and Parma, and the latter now sold the remaining portion of his sporting rights.

"In the deal, Juventus will pay Parma for the next three seasons a total of 11million euros," read a statement on the club's website, www.juventus.it.

The 25-year-old had scored 15 league goals to help Parma defend their Serie A status this season.

Giovinco, who started his career at Juve, was also a reported target of Barcelona, Manchester City and Inter Milan this summer.