Tottenham manager Harry Redknapp says the club have signed former Chelsea and Barcelona forward Eidur Gudjohnsen on loan until the end of the season.
The 31-year-old, who was also attracting interest from London rivals West Ham, comes to White Hart Lane from French outfit Monaco.
Redknapp told BBC Radio Jersey: "The chairman has probably done a deal for Eidur. We spoke to him the other day.
"We've taken him on loan until the end of the season to see how it goes."
West Ham had been confident of arranging a temporary deal to bring in the Icelander after he underwent a medical at the club.
But Spurs have convinced him to opt for north rather than east London after further talks on Wednesday and a medical.
The deal for Gudjohnsen, who only joined Monaco last summer, will be a bitter pill to swallow for new Hammers co-owner David Sullivan, who had reacted angrily to news of Spurs' interest.
"We thought we had a deal and the player had even had a medical," he said. "We then heard that Tottenham were trying to speak to the player.
"I can't say I am happy about it but I believe in karma and what goes around, comes around."
Sullivan is prioritising strikers as he looks to boost the Hammers squad amid their battle against relegation, with Benni McCarthy poised to sign from Blackburn for £2.5m and Manchester City striker Benjani Mwaruwari also on their radar.
For Tottenham, meanwhile, Gudjohnsen will provide cover for a number of positions as they look to push for a top-four finish.
They already have four strikers in Jermain Defoe, Peter Crouch, Robbie Keane and Roman Pavlyuchenko at the club, though the latter's position is far from settled as the Russian looks to negotiate a move away from White Hart Lane.
However, Gudjohnsen's arrival will not necessarily mean one of the quartet will be leaving.
It is thought he is more likely to be used as an experienced replacement for Giovani dos Santos, the Mexican playmaker who joined Galatasaray on loan until the end of the season on Wednesday.
Gudjohnsen twice won the Premier League title with Chelsea, in 2005 and 2006, and helped Barcelona to quadruple glory in 2009.