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Monday, 22 January, 2001, 23:55 GMT
Hammers snap up Todorov
West Ham manager Harry Redknapp
Redknapp: Delighted with the signing of Todorov
Harry Redknapp has boosted his squad by signing Bulgarian striker Svetoslav Todorov for around 500,000 from Lovech

Redknapp confirmed the news after Lovech owner Gricha Gantchev had hinted that the hitman was bound for Upton Park earlier on Monday.

Svetoslav Todorov appearing for Bulgaria's Under 21 squad
Todorov: 19 goals last season

West Ham claim Todorov will initially cost them 500,000, rising up to 2m depending on appearances, although the Bulgarian side have suggested the fee could increase to as high as 2.5m.

That would make him one of the the most expensive Bulgarian footballers since former European Player of the Year Hristo Stoichkov signed for Barcelona in the early 90s.

Todorov, who scored 19 goals in 26 appearances for the northern Bulgarian side last season, is still waiting for a work permit.

After completing the signing of the 22-year-old, Redknapp said: "We wouldn't buy a second division striker for that money these days so I think it's a real sniff. "

The news will be a big blow to Preston North End manager David Moyes who was also keen to sign Todorov after a successful trial.

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