It's fantastic recruitment mate, you bring in a player who knows the club and area so no adjustment period or risk of not settling, knows the league and performed at an incredibly high standard in it, and who has actually improved as a footballer since he left.
Yes he's 32 and by the end of a two year he'll be 34 but who cares, he's not showing any signs of slowing down so can feel pretty confident even if he does start fading a bit he's coming from that high a level the drop off would still comfortably see him better than anything we have even next season.
It buys us time to fix other areas of the squad, have a great player at the heart of a quite youngish team and in two years time the club should be in a much stronger financial position.