Nicolas Anelka has signed a four-year deal with Bolton after the Premiership club agreed to pay a club record £8m to Fenerbahce for the striker.
Anelka left Manchester City for Fenerbahce 18 months ago
The Frenchman, 27, who has previously played for Arsenal, Liverpool and Manchester City, successfully completed a medical with Wanderers on Thursday.
He has been in Turkey with Fenerbahce for the last 18 months.
"Nicolas is a player with an amazing track record in the Premiership," said Bolton boss Sam Allardyce.
"Patience is a virtue and I am pleased to say that all the waiting and hard work we've done behind the scenes has paid off."
"He was born to score goals. His talent and experience will be a valuable asset for us.
"It's an unprecedented amount of money for Bolton Wanderers to spend and fully underlines the club's ambition," Allardyce added.