Former Chelsea and Tottenham manager Andre Villas-Boas will replace Sven-Goran Eriksson as coach of Shanghai SIPG, making him the latest top name to join the big-spending Chinese Super League.
Former England boss Eriksson, 68, left the club on Thursday after two years in charge.
He immediately took aim at the CSL title, annexed by Luiz Felipe Scolari's Evergrande who lifted the trophy for the sixth season in a row last month.
Villas-Boas had been linked with the vacant manager's job at Inter Milan, but they prefer Lazio Stefano Pioli. "Our focus will be to put a team together that is stronger, that is able to compete in all competitions, but most of all, to bring joy to our fans with the Chinese championship next year".
"Andre Villas-Boas is the leading young manager in European football, with a huge amount of passion and coaching experience", a Shanghai statement said.
The Swede had been under pressure as his side crashed out of the AFC Champions League after a 5-0 second leg defeat to South Korean club Jeonbuk Hyundai Motors.
Villas-Boas's appointment, widely trailed in Chinese media, was confirmed shortly after SIPG announced Eriksson's departure following "friendly discussions".
If rumours are to be believed, SIPG will be paying the 39-year-old Portuguese a whopping $12 million per season.
It is now well known that the clubs in the Chinese Super League have spent more tham $400 million on foreign players in 2016 while coaches like Eriksson, Luiz Felipe Scolari and Manuel Pellegrini have also lifted the worldwide profile of the league.