Lo Celso becomes Spurs’ third acquisition of the window, following the signings of Tanguy Ndombele – who completed a £55million move in July – and Jack Clarke, who was immediately loaned back to Leeds United.
Fulham’s versatile left-sided teenager Ryan Sessegnon is also thought to have completed his move to White Hart Lane for a reported £30m fee, although that transfer had yet to be officially confirmed.
“We are delighted to announce that we have reached agreement for the season-long loan signing of Giovani Lo Celso from Real Betis with an option to make the transfer permanent,” Spurs said in a statement.
“The attacking midfielder will wear the number 18 shirt this season.”
Lo Celso, 23, made the jump to European football in 2016 when he joined Paris Saint-Germain from Rosario Central in his native Argentina, making his debut in French football in April 2017.
He went on to feature 33 times in his first full Ligue 1 campaign and showed flashes of quality, but PSG sent him on loan to Betis last term and allowed them a purchase option in the deal.
Lo Celso enjoyed a stellar season in LaLiga, scoring nine goals and supplying four assists in 32 outings.
Betis unsurprisingly triggered their reported €22m option in April and signed Lo Celso to a four-year contract.
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