Claudio Ranieri says he will look to build his Monaco side around Radamel Falcao after seeing off competition from the likes of Chelsea and Manchester United to sign the Colombia international from Atletico Madrid.
Falcao was a target for a number of top clubs from across Europe, and was widely believed to be Chelsea's top transfer target before agreeing to join Ligue 2 champions Monaco on Friday in a deal believed to be worth around €60million.
Monaco are preparing for their return to Ligue 1 and the signing of Falcao came just days after the club splashed around €70m to sign Joao Moutinho and James Rodriguez from Porto.
Ricardo Carvalho has also joined the club from Real Madrid, and Ranieri is delighted with his latest capture.
"I am very happy with the arrival of Falcao," he was quoted as saying by France Football.
"We aim to build a strong team around him.
"Falcao is a great player. He always works hard for the team, but is also very strong in front of the goal. He is quite impressive."
Falcao scored 31 goals in 41 games in all competitions for Atletico during the 2012-13 campaign.
The 27-year-old will reportedly earn €14m a year for five years at Monaco.