Jarryd Hayne has signed a two-year deal with the Gold Coast Titans, but says he is disappointed after claiming former club Parramatta did not offer him a contract.

Key points: Hayne signs a two-year deal with the Gold Coast Titans

Hayne signs a two-year deal with the Gold Coast Titans Eels CEO, Hayne at odds on whether contract was offered

Eels CEO, Hayne at odds on whether contract was offered Fullback could be available to play this weekend

Titans chief executive Graham Annesley said Hayne had signed on for two years, and would be available to play this weekend.

The serial code-hopper said he was sad he could not go back to "the club I loved as a kid".

"Not in my wildest dreams I ever thought I would be up on the Gold Coast," he said.

The 28 year old said he had been waiting for an offer from his former club, the Parramatta Eels, but none eventuated.

"It's tough, because you know, there was a few clubs that had offered and straightaway. I always wanted to go back to Parra.

"I was waiting, I was waiting, I was waiting, it got to a point where I was having lunch with Timmy [Mannah], I said 'what's going on? Are you going to offer me a contract or not? I haven't heard from you'.

"It was a tough decision emotionally, but deep down it was the right one.

"It's been a great journey the last 18 months and I wouldn't change it for the world, but it's nice to be settled."

Hayne's claim that he was not formally approached by the Eels was refuted by interim chief executive Bevan Paul.

"The Parramatta Eels did communicate an offer to Jarryd Hayne's management in the past 48 hours," Paul said in a statement.

"This offer was made after reviewing the consequences of the NRL Salary Cap decision and the importance of maintaining a strong roster for 2017 and 2018.

"While it was a substantial offer, we were advised by Jarryd's management that it was not comparable to the other proposals."

Hayne could line up for Titans on Sunday

Annesley said despite the deal having only been finalised Tuesday night, Hayne would be available for selection for the Gold Coast's match against the Warriors at Robina on Sunday.

"The deal wasn't agreed upon until close to 10 o'clock last night," Annesley said.

"Not only has Jarryd agreed to terms for the next two years but also agreed to make himself available to play for the Titans for the remainder of the 2016 season. So Jarryd will be available to play on Sunday against the Warriors."

Titans coach Graham Henry said the new recruit would play depending on his physical condition.

"We expect he could take his place this weekend, subject to how he is feeling about," Henry said.

"His training and how many minutes and what position we can look at with respect to the guys doing the job there at the moment.

"If he's right to go, he's right to go.

After quitting the Parramatta Eels in 2014, Hayne travelled to the United States and was chosen to play in the American NFL for the San Francisco 49ers.

He played eight games in his first season with the 49ers, but struggled at times on the field in coming to terms with the new game, making a number of fumbles.

The team cut Hayne last October, putting him on its practice squad, before bringing him back for the second last game of the season against Detroit.

In May, he announced he was quitting the NFL to seek Olympic rugby sevens selection for Fiji.

But he learned last month that he had not been chosen for the Fijian squad.

Hayne held talks last month with Australian Rugby Union chief executive Bill Pulver and was understood to be exploring the option of playing Super Rugby with the New South Wales Waratahs.

However, because he played for Fiji in London, he would not have been eligible to play for the Wallabies.

The NRL said last month it would consider registering Hayne for the rest of the season if he were to sign with the Eels.