Crystal Palace have announced the signing of Jeffrey Schlupp from Leicester City for a reported fee of £12.5million.
The 24-year-old has agreed a four-and-a-half-year deal at Selhurst Park after completing a medical.
The Ghana international, who progressed through the Leicester youth system, made 24 league appearances last season as Claudio Ranieri's side claimed a shock title triumph.
Manager Sam Allardyce told Palace's official website: "I am delighted we have been able to secure Jeffrey's services, he is a player I have admired for some time and is a talented and athletic player.
"He will bring strength and experience to the defence and will be a major asset for the club, having just turned 24 years old."
Leicester paid tribute to the versatile left sided player's 13 years with the club, saying via their official website: "Schlupp's part in what has been unquestionably the greatest period in Leicester City's long history will not be forgotten.
"We wish him every success and look forward to welcoming him back to King Power Stadium as both an opposition player and friend of the club."
Schlupp burst onto the scene with a hat-trick on his debut as an 18-year-old in an EFL Cup tie with Rotherham United in August 2011. He went on to score 15 goals in a total of 149 first-team appearances.
He could make his debut for Palace, who are one point above the relegation zone in 17th, in Saturday's Premier League trip to West Ham.
