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09/01/2013 04:40 pm ET Updated Sep 01, 2013

Gareth Bale Joins Real Madrid From Tottenham For Reported Record €100 Million Transfer Fee

At long last, Gareth Bale has joined Real Madrid.

Real Madrid confirmed the acquisition of Bale shortly after Tottenham was defeated in a north London derby against rival Arsenal on Sunday. Following months of transfer rumors, the 24-year-old Welsh winger has signed on with Los Blancos for six years, according to the team's official Twitter account. The Spanish titans set another transfer fee record to land Bale, according to media reports. ESPN FC reports that the world record fee is "believed to be €100 million."

A two-time PFA Player Of The Year award winner, Bale issued a statement via Tottenham's website thanking his former club and referring to the Madrid move as a "dream come true."

“Tottenham will always be in my heart and I’m sure that this season will be a successful one for them," Bale said in the statement. "I am now looking forward to the next exciting chapter in my life, playing football for Real Madrid."

CLICK HERE for complete Bale statement

Having made his debut for Southampton at age 16, Bale arrived at White Hart Lane for the 2007-2008 season. In his final campaign with Spurs, Bale scored 24 goals in 31 Premier League matches. He will now pair with Ronaldo in Madrid to form one of the most physically imposing and technically skilled attacks in the sport. The reported €100 million fee tops the fee that Madrid spent in 2009 to bring in Ronaldo from Manchester United. the 24-year-old has been paid in full.

According to Real Madrid's website, Bale will be formally introduced during a press conference on Monday at the Santiago Bernabeu, following a physical.

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