France international striker Loic Remy has joined Chelsea from Queens Park Rangers on a four-year contract, the two Premier League clubs announced on Sunday.
The announcement came a day after Chelsea reportedly triggered a 10.5 million pounds ($17.4 million, 13.3 million euros) release clause in the 27-year-old's contract, prompting him to withdraw from QPR's squad to face Sunderland.
"I feel very happy and very proud," said Remy, who was pictured on the Chelsea website posing with a club shirt.
"When I heard Chelsea wanted to sign me I said, 'Let's go' straight away, because they are one of the best clubs in the world."
Remy has been signed to replace Fernando Torres, who has joined AC Milan on a two-year loan deal, and to provide competition for fellow strikers Diego Costa and Didier Drogba.