Former England international Alan Smith has joined MK Dons on a two-year deal following his release by Newcastle.
The midfielder, formerly of Leeds and Manchester United, played 18 games for the Dons during a loan spell last term.
And the 31-year-old was manager Karl Robinson's top summer target.
"There were quite a few other clubs in higher divisions that were interested in me but I think in this stage of my career, I've come to the perfect place,"
Smith told the club's website.
"When I came here last year I felt part of what the club were trying to achieve. I made it clear I wanted to stay.
Alan Smith's clubs
- 1998-2004 Leeds
- 2004-2007 Man Utd
- 2007-2012 Newcastle
- 2012- MK Dons
"What I hope for now is two years where I can commit to MK Dons, give everything that I've got and do everything in my power to help us win promotion to the Championship."
Smith, who was a member of the Leeds team that reached the Champions League semi-finals in 2001 and won 19 international caps, signed his contract after taking part in training on Tuesday alongside fellow new boy
And boss Robinson backed him to become a "great asset" for the club.
"The signing gives us great versatility whether it is in midfield or up front, and he is a tremendous character in the dressing room. It's a big signing for us," he commented.
Meanwhile, Dons winger Jay O'Shea and defender Tom Flanagan have agreed new two-year contracts.
Smith's loan salary
During Smith's loan spell at MK Dons, it was reported that the club were paying £2,500 of his £60,000-a-week wages, with Newcastle funding the rest
Dublin-born O'Shea, 23, made 35 appearances last season despite injury problems after being signed as a free agent 12 months ago.
Flanagan, 20, had a spell on loan at Kettering last season but returned to play 25 games for the Dons.
Robinson told the club's website:
"I was very pleased with their development last season.
"Jay's an exciting player who can change a game in an instant with his trickery and pace while Tom just keeps getting better and better with every game."