Rangers have signed striker Egil Ostenstad from Blackburn Rovers after missing out on recruiting Valencia's John Carew.
Egil Ostenstad was surplus to Blackburn's requirements
Ostenstad travelled to Glasgow on Saturday to undergo a successful medical before putting pen to paper on a one-year deal.
It is the second piece of business in two days between the clubs, Blackburn having bought Rangers captain Barry Ferguson for £7.5m.
Veteran Blackburn defender Henning Berg had also moved to Ibrox during the close season after Lorenzo Amoruso was sold to the English Premiership side.
The Scottish champions also moved on Friday to replace Ferguson by bringing in Brazilian midfielder Emerson.
But manager Alex McLeish wanted to increase his striking options ahead of their Champions League campaign.
Carew decided to join Serie A giants Roma instead of Rangers after having his contract terminated by Valencia.
McLeish always had a "Plan B" and he turned to Carew's Norwegian international team-mate, who had found himself behind Blackburn's first-choice strike partnership of Andy Cole and Dwight Cole.
The 31-year-old Ostenstad was deemed surplus to requirements by Rovers boss Graeme Souness but believes he can be a success with Rangers.
"It's a great chance for me and I'm determined to take it," he told Rangers' website.
"I found myself in the reserves at Blackburn and now I have the chance of playing in the Champions League, so it is a great opportunity for me.
"Guys like Ronald de Boer and Michael Mols are well known in England and I would like to think I can work well with them."
Ostenstad first moved to British football when he was signed by Souness for Southampton from Viking Stavanger.
He followed the manager to Blackburn for £800,000 in 1999 but made only 48 starts while with Rovers.
Rangers director of football business Martin Bain said Ostenstad would be the last addition to the squad before the transfer window closes on Sunday night.