The notoriously temperamental striker joined Wanderers in a club record eight million pound deal last week that raised eyebrows around the Premiership.

But Houllier believes Bolton have pulled off a major coup by securing the services of the 27-year-old French internationals and will reap the dividends.

"He's one of the most gifted footballers I have ever seen," said Houllier, who signed Anelka on loan during his reign as Liverpool manager.

"He seems to have blossomed more in England than any other country and I really don't think he'll be a problem."

Anelka publicly criticised Houllier four years ago after he failed to nail down a first-team place, complaining that he had not been given a chance to prove himself.

Bolton are the fourth team Anelka has played for in England following earlier spells at Arsenal, Liverpool and Manchester City.

Bolton manager Sam Allardyce is confident Anelka will be worth every penny of his transfer fee as Wanderers aim to become regular challengers for a place in Europe. "I think it is the smallest gamble we have ever taken. Nic's record speaks for itself," Allardyce said.