Fulham football club have won the race and confirmed the signing of Dimitar Berbatov from Manchester United for a reported £5 million.
Berbatov agreed a two-year contract with the west London team after snubbing interest from a host of clubs across Europe.
Berbatov, 31, told Fulham's official website: "I'm delighted to have signed for Fulham and I look forward to playing under Martin Jol once again. As soon as I was aware of Fulham's interest, my decision to join was an easy one to make.
"I'm impressed with the setup here, and the people have made me feel welcome. There is a close and personal feel around the club, and I can't wait to get started."
Berbatov was brought to English football by Jol, who signed him from Bayer Leverkusen for Spurs in 2006.
Berbatov, who scored 56 goals in 149 appearances for United after a £30 million move from Tottenham in 2008, had been keen to leave Old Trafford since falling out of favour with Ferguson last season.
He finished as the Premier League's joint top-scorer in 2011, but his perceived lack of effort never made him a favourite with United fans and he was unable to convince Ferguson of his worth in the latter stages of his spell at Old Traford.
On Thursday, Jol confirmed that Berbatov was undergoing a medical with Fulham as a deal edged closer to completion.
Jol hopes to revive Berbatov's career and he added: "Dimitar is a player I've always admired. He did well for me at Spurs and I'm sure that he will do well here at Fulham.
"He's a player of great quality and technical ability who will give me the attacking option I've been looking for.
"When he's not scoring goals, his ingenuity often leads to chances being created for his team-mates and I'm delighted that we've been able to convince him to come to us, as there was a lot of attention from other clubs."