Craig Bellamy today joined Newcastle from Coventry for £6 million.
The Wales striker, 21, agreed personal terms with boss Bobby Robson after passing a medical.
Bellamy said: "When you have such quality around like Speed, Alan Shearer and Kieron Dyer, it can only enhance your own game.
"It's the best thing to happen to me in football to date. It's a massive club with fanatical supporters.
"I want to play the highest standard of football I can and achieve things in the game, and I believe things will start turning around for this club.
"I know another couple of players are in the pipeline to strengthen the squad and the club are determined to be successful next term.
"The move to Newcastle will make me a better all-round player and linking up with Gary Speed can only improve our understanding on international duty as well."
Robson is also ready to pounce for £3m Dutch midfielder David Mendes da Silva, 18, Bolton full-back Robbie Elliott, 27, and QPR midfielder Paul Murray, 24, The Sun said.
Read more about Newcastle FC here.
Comments: Our rules
We want our comments to be a lively and valuable part of our community - a place where readers can debate and engage with the most important local issues. The ability to comment on our stories is a privilege, not a right, however, and that privilege may be withdrawn if it is abused or misused.
Please report any comments that break our rules.
Read the rules hereComments are closed on this article