Chelsea have completed the £7m signing of Geremi from Real Madrid.
The 24-year-old midfielder has put pen to paper on a five-year deal after passing his medical at Stamford Bridge on Wednesday.
And Eidur Gudjohnsen has ended months of speculation over his future by signing a one-year extension to his current contract which will now run until 2006.
"I'm very happy to come and play for one of the biggest
teams in the Premier League," Geremi told Chelsea TV.
"I've got a lot of ambition and I would like to win a lot of titles if it's
possible - and that's why I've come here.
"Chelsea want to sign big players and that is good for us - when you play
with big players it is much easier. They can understand everything.
"You have to work hard and try to improve every day. Now let's see what will
Icelandic international Gudjohnsen is raring for the new season to start as the club's new Russian billionaire owner, Roman Abramovich, continues his spending spree.
Chelsea have agreed a fee with Blackburn for Republic of Ireland winger Damien Duff, while the Blues are also chasing Southampton left-back Wayne Bridge.
And Gudjohnsen, 24, believes exciting times lie ahead for the London club.
"There's been a lot of speculation over my future in recent months and I'm just glad it is over," Gudjohnsen told Chelsea TV.
"I have always stated how much I enjoy it here and I am delighted that my future is at Chelsea.
"It seems these are exciting times for the club and I'm looking forward to seeing where this will take us.
"I had an average season last season and I want to put that straight, bounce back and find my form.
"I feel fresh and I'm hoping to be sharp for the start of the new season."
Abramovich has promised coach Claudio Ranieri funds to strengthen his squad.
The Italian will be pleased to have finally concluded a deal for Geremi, whom he has been tracking for some time.
Ranieri wanted to sign Geremi last summer but the deal collapsed because Chelsea could not afford him.
However, money is not an issue for Chelsea and Geremi was keen to return to the Premiership where he made an excellent impression with Middlesbrough last season.