Napoli President Aurelio De Laurentiis has confirmed his club have completed the signing of Edinson Cavani from Palermo, beating a host of big names to land the Uruguay striker.
Cavani has penned a five-year contract at the Stadio San Paolo, with Napoli paying his former club five-million euros for an initial season-long loan, with 12 million more payable over the space of four years.
Palermo owner Maurizio Zamparini claimed last month that Tottenham Hotspur had made a bid for Cavani, something the English Premier League club denied, and De Laurentiis admitted he faced stiff competition for the 23-year-old's signature.
"Cavani is a Napoli player," he told Radio Marte. "Other clubs wanted him but we have got him.
"We have been after Cavani for over a month. I was always in talks with Zamparini and I can say that it wasn't an easy deal because behind Cavani there were other prestigious clubs who wanted to sign him.
"But we closed it first, having moved early. Negotiations with Zamparini started before the World Cup, I have read many incorrect things. There were never problems surrounding his wages and image rights. We have already had for a while an understanding with both Palermo and his agent."
Cavani was unknown when he moved to Palermo from Danubio in January 2007 but swiftly rose to prominence when Amauri left to join Juventus a year-and-a-half later.
The Uruguayan scored 13 goals in 34 appearances for the Sicilians last season, and had an impressive World Cup as he helped his side to a fourth-place finish.
Cavani, who will earn 1.35-million euros plus bonuses, is likely to link up with his new team-mates on 2 August, the same day compatriot Walter Gargano is scheduled to return to training.
Meanwhile, De Laurentiis has promised there will be more big news to come on Monday. The Napoli chief said: "Monday you will receive a welcome surprise."