Fabio Capello has left cash-strapped Roma to take over as manager of Italian giants Juventus.
Capello was disheartened by the financial troubles at Roma
The former Real Madrid boss, who had one year left on his contract at Roma, takes over the reins at the Stadio Delle Alpi from Marcello Lippi.
"Fabio Capello has signed a three-year contract," said a Juventus spokeswoman.
Capello said earlier this year he was interested in testing his mettle in the Premiership and had been linked to London clubs Chelsea and Tottenham.
The 58-year-old had also recently been installed as an outside favourite to succeed Gerard Houllier as Liverpool boss.
It had not been predicted, however, that Capello would be handed the Juve job.
Former Juventus players Didier Deschamps, who had led Monaco to the Champions League final, and Parma boss Cesare Prandelli had been the favourites to succeed Lippi.
Capello also played on the wing for the Turin club but it was with Milan that he forged his name and reputation as a manager.
THE WANTED MAN
Feb 2004: Capello admits his interest in vacant manager's role at Tottenham
March 2004: Capello says he is interested in a move to the Premiership - sparking speculation he could join Chelsea
2002: Capello says he wants to take over from Sir Alex Ferguson at Man Utd
He is also linked with a switch to Barcelona
He guided Milan to four league championships in the 1990s before joining Real Madrid where he also won the Primera Liga.
Capello then returned to resume his old job at the San Siro before switching to Roma who he steered to the Scudetto in 2001 - the club's first honours in a decade.
Roma finished as runners-up to Italian champions AC Milan last season while Juventus were two points back in third.
Lippi, who had one year left on his contract, parted company with Juventus at the end of the season by mutual agreement after eight years at the club.
The club endured a disappointing season as they failed to defend their Serie A title and crashed out of the Champions League in the first knockout stage.
While Capello's appointment could turn around Juve's fortunes it will be another blow for debt-ridden Roma.
The club sold defender Walter Samuel to Real Madrid last week and playmaker and captain Francesco Totti is also being targeted by a host of European clubs.