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LONDON, England -- Chelsea signed Claudio Pizarro from Bayern Munich on a free transfer on Friday.
The 28-year-old Peru striker signed a three-year contract after passing a medical test and agreeing undisclosed financial terms. According to German reports, he will earn $5.1 million annually.
"I had some interesting offers, but the most important thing was that I talked to the coach, I talked to the people here, and they were very interested," Pizarro said.
"We have many chances to win titles here and that's what I want. I think it's very important for me to win some titles and I have the chance here to win them."
Bayern signed Italy striker Luca Toni from Fiorentina earlier this week to join Dutch international Roy Makaay and Germany forward Lukas Podolski as its attacking options, forcing Pizarro to leave.
Pizarro, who scored 97 goals in 229 matches for Bayern, becomes Chelsea's second offseason signing after 16-year-old Danny Philliskirk from Oldham.
Pizarro came to Europe in 199 to play for Werder Bremen and after scoring 29 goals in 56 appearances he switched to Munich, for whom he played 174 games, finding the net 71 times.
Pizarro says he is hoping to win titles with Chelsea.