Newcastle United have signed New Zealand striker Chris Wood from Burnley for £25m.
The 30-year-old has agreed a contract at St James’ Park until the end of the 2023-24 season.
Magpies boss Eddie Howe targeted attacking reinforcements after Callum Wilson was ruled out for eight weeks with a calf injury.
“This is a great opportunity and a club, and something I couldn’t turn down,” Wood said.
Wood is Newcastle’s second signing this month following the arrival of Kieran Trippier from Atletico Madrid.
It was thought that Burnley would not sell the player to Premier League relegation rivals, but Newcastle activated the release clause in his contract with the Clarets.
“It wasn’t an easy decision,” Wood said. “I had a great four and a half years [at Burnley]. Every year I really enjoyed myself there. My team-mates, the staff, the club in general was fantastic.
“To be honest, I wish I had left when Burnley was further up the league, but that’s football sometimes.
“For me, there was no bad blood at all. I enjoyed my time there.”
Wood is ideal for magpies – Howe
Wood, who was Burnley’s record signing when he joined from Leeds for £15m in 2017, has scored 53 goals in 165 games for the Clarets, including three in 17 league games this season.
The move leaves Burnley boss Sean Dyche in big trouble after losing one of his most experienced strikers.
Turf Moor and Newcastle are tied on 11 points for 18th and 19th in the top flight, although Burnley have two games to go.
“Chris is an important signing for us at a crucial time and I’m really glad we were able to move quickly and get him here,” Howe said.
“He is a very dangerous attacking threat, he has a physicality and a character that I really like, and he has a lot of experience in the Premier League. He will be a great option for us.”
Wood could make his Newcastle debut in Saturday’s home game with Watford, who are two points clear of the 17th-place Magpies.
‘I will come back from an injury with a different mindset’
Newcastle striker Callum Wilson on The Footballer’s Football Podcast
It will be nice to have new bodies in the building, add competition for places. A striker is coming in the door which is exciting for me, I like it.
I’m going to come back [from injury] with a different mindset, but that’s what you need sometimes. You have to have that little push to get back on track and stay on your toes.
As I am injured, we need players who are ready for the Premier League and I don’t think you are going to have a better striker in the bottom half of the league than Chris Wood.
It’s a different profile from mine, so I’m sure the coach has plans for him to play with us together or one at a time. It will be a great addition.