Roy Hodgson was appointed manager of struggling Premier League club Fulham on Friday, replacing the fired Lawrie Sanchez.
Hodgson, who stepped down as Finland coach last month, will start his new job on Sunday. Fulham did not provide details of the agreement, but said it was a "long-term contract."
"With over 32 years experience in England and on the continent, the club is certain that he is the best possible choice to both steer the club away from its precarious position in the relegation zone and also build a successful team for the future," Fulham said in a statement.
Sanchez was fired last Friday, with the club lingering in 18th place in the 20-team league. He had joined the club in April, when he left his job as Northern Ireland coach to replace Chris Coleman.
After Sanchez's departure, Ray Lewington was appointed caretaker manager and guided the side to a 1-1 draw with Wigan last Saturday and a 5-1 loss to Tottenham on Wednesday.
Lewington will take charge of Fulham's match at Birmingham on Saturday, with Hodgson watching from the stands. Hodgson's first game in charge will be against Chelsea on Tuesday.
"I am determined that we will overcome the current position, which I understand will be a challenge, but one that I will relish," Hodgson said.
Hodgson led Switzerland in the 1994 World Cup and into the 1996 European Championship. He has won titles in Sweden with Halmstad and Malmo, and in Denmark with FC Copenhagen.
He has also coached at Italian clubs Inter Milan and Udinese and English clubs Blackburn and Bristol City.
Fulham owner Mohamed Al Fayed said he was confident Hodgson could improve the club's performance.
"It is my vision to combine the best of the fantastic traditions of the English Premier League with the flair and innate professionalism of the continental game, which I hope will return Fulham to its tradition of playing attractive passing football," Al Fayed said. "I believe that Roy has immense experience in all areas of football and can drive this club forward for the long term."