Real Madrid have broken the world transfer record to sign Tottenham forward Gareth Bale.
The Wales international has agreed a six-year contract after sealing an £85.3m (100m euros) move which eclipses the £80m which Real paid Manchester United for Cristiano Ronaldo in 2009.
"I have had six very happy years at Tottenham but it's the right time to say goodbye," said 24-year-old Bale.
"We've had some special times together and I've loved every minute of it."
He added: "I am not sure there is ever a good time to leave a club where I felt settled and was playing the best football of my career to date.
"I know many players talk of their desire to join the club of their boyhood dreams, but I can honestly say, this is my dream come true.
"Tottenham will always be in my heart and I'm sure this season will be a successful one for them.
"I am now looking forward to the next exciting chapter in my life, playing football for Real Madrid."
Bale joined Spurs as a left-back for £10m from Southampton in 2007 and scored 26 goals last season as he was named both the Professional Footballers' Association's and Football Writers' player of the year.
His representatives told Spurs at the end of July that he wanted to speak to the Spanish giants.
Real Madrid coach Carlo Ancelotti's claim at the start of August that they were "in talks to find a solution" to the transfer angered Tottenham manager Andre Villas-Boas, but the clubs have now reached a settlement.
After his side's 1-0 loss to Arsenal, Villas-Boas said "Bale is a wonderful player. He is going to join Real Madrid so we wish him all the best.
"He left us with some great memories from last season."
More to follow.