Striker Craig Bellamy has joined West Ham United from fellow English premier league side Liverpool for 7.5 million pounds ($15.11 million).
The 27-year-old Wales captain signed a five-year deal.
West Ham, who narrowly escaped relegation last season, have been busy in the transfer market with Scott Parker also joining in June from Newcastle United for seven million pounds.
"I had a great experience at Liverpool and I believe West Ham will benefit this year, because I know I am a better player for it," Bellamy told the team's official web site.
"I've signed a five-year contract here and I will be here for the long term. I've moved around a bit in recent years and now I want to settle."
It is the third time in two years that Bellamy has been sold in July. In 2005 he joined Blackburn Rovers from Newcastle United for five million pounds.
After an impressive season, scoring 13 league goals, he then moved to Liverpool in 2006 for six million pounds.
However, with Fernando Torres joining Liverpool last week from Atletico Madrid for a club-record 36 million euros, Bellamy's chances of a regular starting place in the Liverpool attack would be limited.
Liverpool, who finished third in the premier league last season, already have a strike force boasting England giant Peter Crouch, Dutchman Dirk Kuyt and Ukrainian Andriy Voronin who joined from German side Bayer Leverkusen.