Esteban Cambiasso joins Olympiakos

Argentine midfielder Esteban Cambiasso has joined Greek giants Olympiakos after rejecting a new contract at Leicester City.

The veteran star turned down a new contract at the Foxes, and was released earlier in the summer.

Cambiasso is thought to have yearned for a new challenge and has now signed a two-year deal with Olympiakos.

"I am ready to help, to do what I did in the other clubs I played for, to help Olympiacos achieve better results, something we all want," he told the club's official website.

"I hope we will play as many matches as we can in the Champions League. Everyone is happy that Olympiacos participates in this competition. So am I, I am first of all happy that Olympiacos will play in the Champions League and am also happy that I will participate in it."