Queens Park Rangers have signed Eduardo Vargas on a season-long loan deal from Serie A club Napoli.
"QPR have beaten off competition from a number of Europe's top clubs to clinch the season-long loan signing of Napoli attacker Eduardo Vargas," a statement on the club's official site read.
Vargas becomes the second Chilean to join the London club this summer following the arrival of Mauricio Isla from Juventus on a similar deal.
The Chilean forward was impressive during this summer's World Cup in Brazil and was linked with a switch to Arsenal earlier in the summer.
The Hoops boss Harry Redknapp is delighted to have captured the talented forward's signature, and has admitted that his scouts have been watching the player over a period of time.
"Eduardo is a quality player. He's sharp, he's bright, and he's very lively on and off the ball," Redknapp told QPR's official site.
"He can play as a number nine, he can play in behind, he can play wide – he's very versatile. I really liked the look of him during the World Cup and he's a player our scouts have been looking at for some time.
"He's been on our radar for a long time now and we've had reports on him, from our scout over there, for a while," the former Tottenham boss added.
"We've had him watched a lot, over the last year or so, and the feedback has been very positive. I'm delighted we've been able to bring him in," he said.
Vargas will wear the No 24 jersey during his time with QPR and is excited about playing the Premier League. The Chilean, who was also linked with a move to Sunderland, was persuaded by international team-mate Isla to choose Loftus Road over the Stadium of Light.
"I have come here to do as much as I can for QPR in the Premier League. I've spoken to Mauricio a lot and he said it's a great, relaxed environment to work in, with a fantastic squad of players," Vargas said.
"The Premier League is the best in the world, the most exciting in the world, and I am looking forward to competing in what is a super-competitive division," the Chilean added.