Bournemouth have announced Andoni Iraola as their new coach, replacing Gary O’Neill who was sacked earlier on Monday.
Spaniard Iraola, 40, signed a two-year contract with Cherez after his contract with Rayo Vallecano in La Liga expired.
O’Neill was fired Seven months after he became the club’s permanent manager and helped keep them secure in the Premier League.
“We are very excited to welcome Andone to the club,” said club chairman Bill Foley.
Iraola spent three years at Rayo Vallecano, guiding them to an 11th-place finish in La Liga last season.
In his first season in charge, he earned promotion with the Madrid club from the Segunda Division, before leading them to the Copa Del Rey semi-finals in the 2021-22 campaign.
Foley added: “With his contract in Spain about to expire this summer, we wanted to move quickly.
“He has been highly sought after by other clubs across the continent and his style of play was an important factor in making this decision. His achievements in Spain have certainly been very impressive and we are confident he is the right man to lead our next season.”
Iraola began his managerial career in 2018 in Cyprus with AEK Larnaca, before returning to Spain the following year as Mirandes coach for one season.
As a player, former right-back Iraola has made over 500 appearances for Athletic Bilbao and won seven caps for Spain. He also played for New York City in Major League Soccer.
Iraola will join Bournemouth for the start of pre-season in July.
Foley, also Bournemouth owner, added: “We have identified a number of targets in the transfer market, which together with our additions in January will complement our strong playing squad to give Andone the best chance to cement our place in the Premier League and continue to progress.”