Real Madrid have confirmed the world-record signing of Gareth Bale from Tottenham Hotspur.
After almost two months of speculation and negotiation, Madrid and Spurs both announced the transfer on Sunday evening. Madrid announced on their official website: "Real Madrid and Tottenham Hotspur have reached an agreement for the transfer of Gareth Bale, who will be contracted to the club for the next six seasons."
Madrid will present Bale in the Royal Box at Bernabeu at 13.00 (local time) on Monday, following "the relevant medical examinations," the club confirmed. Bale will then step on the pitch in a Real Madrid shirt and address the media.
Bale's statement on his transfer from White Hart Lane to Madrid read: "I have had six very happy years at Tottenham but it's the right time to say goodbye. We've had some special times together over the years and I've loved every minute of it. 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.
"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. I am well aware that I would not be at the level I am today were it not for firstly Southampton and then Spurs standing by me during some of the tougher times and affording me the environment and support they have.
"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."
Spurs manager Andre Villas-Boas, speaking after Tottenham's 1-0 defeat at Arsenal, spoke about Bale's departure to the Bernabeu. "He is going to join Real Madrid so we wish him all the best," said the Portuguese tactician. "The player is an absolutely wonderful player.
"He has left us with some great memories from last season which every Tottenham fan cherishes, but he has moved on and we will move on as well."
Spurs Chairman Daniel Levy commented: "Gareth was a player we had absolutely no intention of selling as we look to build for the future. He is a player whose career we have fostered and developed and he was only a year into his new four year contract.
"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. We have, therefore, with great reluctance, agreed to this sale and do so in the knowledge that we have an exceptionally strong squad to which we have added no fewer than seven top internationals.
"More importantly, we have an immense team spirit and a dressing room that is hungry for success. We wish Gareth all the best in the future and he shall always be welcome at (White Hart) Lane."