Eintracht Frankfurt have signed Serbian forward Dejan Joveljic from Red Star Belgrade after losing Luka Jovic to Real Madrid.

Serbia star Jovic joined LaLiga giants Madrid for a reported fee of €60million after taking the Bundesliga and Europe by storm in 2018-19.

The 21-year-old scored 17 Bundesliga goals and added another 10 during Eintracht's run to the Europa League semi-finals.

Eintracht made a significant profit on Jovic as they triggered a purchase option on his two-year loan deal from Benfica for a reported €6m in April, after the forward struggled for game time at the Portuguese giants following his arrival from Red Star in 2016.

And Eintracht have turned to another Serbian frontman, luring 19-year-old Joveljic from Serbian champions Red Star on a five-year deal until June 2024.

Joveljic – born in the same city as Jovic in Bijeljina – scored eight goals and tallied two assists in 17 matches last season.

He will also team up with Jovic during Serbia's Under-21 European Championship campaign in Italy.