MADRID - Gareth Bale will be unveiled as a Real Madrid player on Monday after his prolonged transfer from Tottenham Hotspur was finally completed for an unconfirmed world record fee late on Sunday.
The Welshman has agreed to a six-year deal believed to be worth 10 million euros ($F25.2m) net a year, and will be presented to the media and the club's fans after undergoing a medical in the Spanish capital.
Widespread reports in England have suggested the move will make Bale the world's most expensive player, with Real set to pay 101 million euros ($F254.3m) for his services.
However, media in Spain insisted that Real will only pay 91 million euros ($F229.2m) — three million less than Los Blancos paid for Cristiano Ronaldo back in 2009.
"I would like to thank everyone at the club, the chairman, board, staff, coaches and players — and most of all the fantastic fans who I hope will understand this amazing career opportunity," Bale said in a statement on the Spurs website.
"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 that 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 was coveted by the Spanish giants following a series of amazing performances for Tottenham last season that landed him both the Premier League players and football writers' player of the year.
He scored 21 goals in 33 Premier League appearances, but his efforts still weren't enough to lift Spurs into the Champions League as they were edged out of fourth place by just one point by North London rivals Arsenal.
Bale was criticised by Spurs' coach Andre Villas-Boas on Wednesday after he refused to attend training last week in a bid to force the move through.
As a result of his rebellion, Bale hasn't played at all since Spurs' pre-season friendly against Swindon Town on July 16 — complaining first of a gluteal injury and then a foot problem.
However, he has still been called up for Wales' upcoming World Cup qualifiers against Macedonia and Serbia.
Club chairman Daniel Levy admitted the player's wishes had played a crucial role in the transfer.
"Such has been the attention from Real Madrid and so great is Gareth's desire to join them, that we have taken the view that the player will not be sufficiently committed to our campaign in the current season," he said.
The move could spark a flurry of transfer deadline day departures from the Bernabeu with Kaka set to re-join AC Milan on a free transfer.