Fenerbahce have confirmed that they have re-signed Emre from Atletico Madrid in a €350,000 deal, with the player putting pen to paper on a two-and-a-half year deal.
Talks over the 32-year-old Turkey international’s potential return to the club had appeared set to go to the wire, with Atletico boss Diego Simeone saying he was a valued squad member and could play in Thursday’s Copa del Rey semi-final first leg against Sevilla.
But Fenerbahce sealed the deal to bring the former Inter and Newcastle man back to Turkey after a six-month spell in Spain, and vice-president Abdullah Kigili told their official website: "I am extremely happy. I think all Fenerbahce fans will be happy." the club's vice president Abdullah Kigili told their website.
On Wednesday, Fenerbahce said talks about the move had begun after Turkish news agency Dogan reported that Emre’s return was expected to be finalised soon.
But reports in Spain said Atletico were holding out for a fee for the player, who had 18 months remaining on his deal at the Estadio Vicente Calderon.
Emre joined Atletico on a free last summer, but made only 11 starts for Los Colchoneros this season, seven of these coming in either the Copa del Rey or the Europa League.
Although a fans’ favourite during his previous spell at Fener, Emre reportedly quit after falling out with manager Aykut Kocaman - a problem that now seems to have been resolved.
Fenerbahce have also confirmed that they are in talks with Juventus about the loan signing of Switzerland international defender Reto Ziegler.
The 27-year-old had a loan spell with the club last season, and has also played on loan for Lokomotiv Moscow.