Crystal Palace has completed the signing of Eberechi Eze from Queens Park Rangers for £16m upfront with £4m in potential add-ons.
Eberechi Eze, who scored 14 goals in 46 appearances in the Sky Bet Championship for QPR last season, had also attracted interest from Fulham, West Ham, and Newcastle but has signed a five-year deal at Selhurst Park.
Palace previously had bids of £8m and £12m rejected, with QPR manager Mark Warburton making it clear that Eze would only leave if the club’s £20m valuation was met.
QPR have a 20 per cent sell-on clause built into the agreement and their director of football Les Ferdinand said: “You never want to lose one of your best players but the situation dictates that it’s necessary so that we can, ultimately, grow and progress.
“I have no doubts Ebere will go on to enjoy a fantastic career in the game at the very top level.
“Allied to his natural talent, Ebere is an incredibly motivated, determined, and humble individual and that is why there has been so much interest in him from Premier League sides.”