Manchester United have signed Bulgaria striker Dimitar Berbatov from Tottenham in a deal worth £30.75m.
United striker Fraizer Campbell, 20, has moved in the other direction on a season-long loan as part of the deal.
Spurs will not pursue their complaint to the Premier League accusing United of chasing 27-year-old Berbatov.
"Joining United is a dream come true. I look forward to playing my part in helping this club win more honours," he told the Old Trafford side's website.
United manager Sir Alex Ferguson added: "This is a key signing. Dimitar is one of the best and most exciting strikers in world football.
"His style and ability will give the team a different dimension and I'm sure he will be a popular player with the fans."
The capture ends a summer-long saga that took a dramatic twist on transfer deadline day.
Earlier on Monday, it appeared rivals Manchester City were going to shatter United's hopes after they had a bid of more than £30m accepted by Spurs.
606: DEBATE
Rooney, Ronaldo, Tevez, Berbatov - Is there a better attacking quartet? Now we are REALLY ready to attack European football like we have done domestically
LM
The offer was made after City announced they were in the process of being taken over by the Abu Dhabi United Group, which has already begun to throw its weight around, with bids for several high-profile players.
United striker Fraizer Campbell, 20, has moved in the other direction on a season-long loan as part of the deal.
Spurs will not pursue their complaint to the Premier League accusing United of chasing 27-year-old Berbatov.
"Joining United is a dream come true. I look forward to playing my part in helping this club win more honours," he told the Old Trafford side's website.
United manager Sir Alex Ferguson added: "This is a key signing. Dimitar is one of the best and most exciting strikers in world football.
"His style and ability will give the team a different dimension and I'm sure he will be a popular player with the fans."
The capture ends a summer-long saga that took a dramatic twist on transfer deadline day.
Earlier on Monday, it appeared rivals Manchester City were going to shatter United's hopes after they had a bid of more than £30m accepted by Spurs.
606: DEBATE
Rooney, Ronaldo, Tevez, Berbatov - Is there a better attacking quartet? Now we are REALLY ready to attack European football like we have done domestically
LM
The offer was made after City announced they were in the process of being taken over by the Abu Dhabi United Group, which has already begun to throw its weight around, with bids for several high-profile players.
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