Graham Potter has been named as the new manager at Brighton & Hove Albion, after the south coast outfit agreed a £3million compensation deal with his previous team Swansea City.
Potter was unveiled at a press conference at the club who had been looking for a new manager after sacking Chris Hughton a day after the final game of the season, despite him keeping them in the Premier League.
Since then the Seagulls targeted Potter as a replacement, who turned down an improved offer from Swansea urging him stay at the club after being swayed at the prospect of managing in the top flight.
After Tony Bloom, Paul Barber, Graham Potter and Dan Ashworth announced his arrival at a press conference, Potter paid tribute to Swansea before turning to his new side and reflecting on how he would bring a more positive approach on the pitch.
My message to the Swansea City fans is to say thank you,' Potter said. 'The support they gave me was incredible, I'll remember that for the rest of my life'
'I'm delighted to be here. I've had a couple of days speaking with Paul, Tony and Dan and I'm impressed with their vision on how they want to take things forward.'
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'I've always tried to play football in a positive way but we have to look at the strengths of the players. In any team you have to be defensively organised but we'll look to bring a combination of both.
'I've worked very hard to make it to this point and the path that I've taken has been 14 years of learning and sacrifice. I'll now do my very best for the football club and help them to develop.'
Following relegation from the Premier League last term, the Swans had a steady season back in the Championship, settling into the top 10 albeit nine points off the play-offs during Potter's first season in charge.
However, he has seen to have enjoyed a successful period in South Wales, after guiding the club to an FA Cup quarter-final despite 16 players leaving following relegation and only five coming in.
But rather than continue rebuilding Swansea, Potter requested to leave on Friday and on his 44th birthday has been tasked with ensuring the Seagulls can maintain their top flight status into a fourth straight season.
As part of the compensation package, Potter will bring in his assistant Billy Reid, coach Bjorn Hamberg and head of recruitment Kyle Macaulay from the Liberty Stadium.
Swansea City chairman Trevor Birch reflected on his disappointment at losing Potter just 11 months into a three-year deal.
'We received a request from Brighton last week to speak to Graham over the vacant managerial position at the club,' Birch told the club website
'We had absolutely no desire to lose the services of Graham after the excellent work he had done over the course of his debut season. We therefore declined Brighton's initial request to speak to him.
'We then spoke to Graham in length over the request. These discussions included the offer of a new, improved contract and certain assurances regarding future squad strengthening. These assurances would have had to sit within our current financial budget, but we were confident that by working together we could build on the excellent progress the team made last season.
'Unfortunately, following those amicable discussions, Graham expressed a desire to challenge himself in the Premier League and we reluctantly allowed him to speak to Brighton after agreeing a compensation package.
'It goes without saying that we are very disappointed to lose Graham and members of his backroom staff, but we would like to thank him for the excellent work he did during our first season of transition and we wish him well at Brighton.
'We will endeavour to keep supporters aware of any developments.'