Tottenham have signed England striker Darren Bent from Championship outfit Charlton for a club record £16.5m.
Bent scored 37 goals in 79 appearances for Charlton Athletic
The 23-year-old passed a medical on Thursday and signed a deal for up to six years, with the transfer fee being paid in instalments.
Bent said: "Tottenham have a lot of young English players and it's a young squad, it's a squad going forward and that's the direction I wanted to take.
"It's exciting times for me and Spurs and hopefully I'll show what I can do."
Bent's former club Ipswich will also benefit from the move, as they inserted a 20% sell-on clause when the striker moved to Charlton.
The Suffolk club will receive £2.58m. paid in three instalments over two years.
Bent will be out to establish himself in the England squad after making just two starts and one substitute appearance for his country.
He knows Spurs is the place to be and that's something to be proud of
Tottenham boss Martin Jol
The Cambridge-born ex-Ipswich player is confident the switch to Spurs will help his cause after he recently turned down a move to West Ham.
"It helps a lot that I know a few of the lads from England internationals and I'm sure they will help me settle in.
"They seem to be getting better and better every season and I would love to be part of that."
Spurs manager Martin Jol said: "Darren's strength is his stamina.
"Normally players will make runs three or four times in 45 minutes, he will do it all the time and if you manage to play balls behind the defence, he will be there. That's what I like about him.
"He has pace, he links play well and can see a pass - he can exploit the space and play as well.
"He knows Spurs is the place to be and that's something to be proud of."
Tottenham's sporting director, Damien Comolli, added: "Darren has showed fantastic motivation and desire to join the club and we are absolutely delighted to have him.
"He recognised we have a project here and as a player he wants to work with Martin Jol and showed that all the way.
"The two signings we've completed so far in Darren and Gareth Bale offer us massive improvement in terms of the squad, players with great potential whose best days are in front of them."
Tottenham's previous biggest transfer was the £11m paid for Sergei Rebrov from Dynamo Kiev in the summer of 2000.