The 28-year-old has signed a two-year-deal with the Gold Coast worth up to $1.2 million a season.

Hayne made the announcement at the Gold Coast on Wednesday morning.

The former Eel said he was sad to not be returning to his old club but excited by this new chapter. 

"I never thought I'd join another club and not in my wildest dreams did I think I would end up on the Gold Coast,” Hayne said.

"There is sadness I'm not going to go back to the club I grew up supporting as a kid and played for previously, but excitement as well to be joining the Titans. I feel blessed and honoured to be here.

"I wanted to play footy this year and with everything that has gone on at Parra this year, we couldn't get it done. I believe everything happens for a reason.

"I know a lot of people will be hurt by this decision and I'm sorry. But I had to make a decision and I want to play footy."

Annesley said Hayne’s signing was another step in the rebuilding of the NRL club and confirmed the fullback would be available to play on Sunday.    

"Jarryd has agreed to sign with us for two years. He has not only agreed to terms, but has made himself available to play for the remainder of the 2016 season,” he said. 

"Jarryd will be available to play against the Warriors on Sunday."

As Hayne is not a registered NRL player the June 30 deadline does not apply to him.