The Russian Football Union has confirmed former Juventus and Real Madrid manager Fabio Capello as the new coach of the Russia national team, having put pen-to-paper on a two-year contract.
Capello, 66, has been out of work since leaving the England job in February and will now look to guide the country to the 2014 World Cup in Rio de Janeiro.
The Italian manager had been announced in the role ten days ago, but disputes over the terms of the contract meant that there was a delay in the deal's completion. Although no financial details have been revealed, it is reported in local media that Capello will earn up to €10 million a year in the role, depending on performance.
Capello, on his unveiling, said he was desperate to put his mark on proceedings.
"The current contract runs for two years," said the Italian. "And my next goal - to reach the finals of the World Cup in Brazil.
"After I had finished working in England, I was angry, and I wanted to continue working. I really want to achieve your goals and fight for the Cup in Brazil.
"It does not really matter with whom we compete. I now have a new beginning in a coaching career. I'll try to get my philosophy to match that which has brought the Russian national team success, and we will go to the World Cup in Brazil."
Earlier this month, a shortlist of 13 candidates were named for the job, with Harry Redknapp and former Barcelona boss Pep Guardiola also mentioned by the RFU.
The RFU will now hope the Italian will prosper after Russia started promisingly at the European Championship, by beating Czech Republic 4-1, before being eliminated after a draw with co-hosts Poland and a defeat to Greece.
President Nikita Simonyan has given Capello his assurances that the organisation will not intervene with on-field affairs.
"The Russian Football Union will not interfere with the head coach. If Fabio decides to make (Andrey) Arshavin captain, so be it," he said.
Capello has announced his intention to live in Moscow and named Christian Panucci and Italo Galbiati as his assistants.
"The country is huge, with large populations. With plenty of talent. For advanced players, we need to create all the conditions to prepare them for performances for the national team," the 66-year-old added.
"This is my most important task. I want to give players the will to win, the desire to always fight for victory. The word 'victory' is, for me, the most important thing in my career."