Manchester United have completed a lucrative deal to sign Wilfried Zaha from Crystal Palace, in a move worth up to £15million.
The promising England winger has finally put pen to paper and both clubs are polishing off a few formalities before officially completing the five-year deal next week.
The 20-year-old will immediately be loaned back to Palace for the remainder of the season as he remains committed to helping their Premier League promotion chase.
Zaha said: “I am delighted to be joining Manchester United and ending the recent speculation. I would like to thank the owners at Palace for making the move possible, however my focus for the next five months will be solely at Crystal Palace.
“I have been at Palace for more than ten years, I will always love the club and I want to help get them get back to the Premier League, particularly for the fans who have always been so good to me.”
Rumours surrounding the potential deal have been circulating since the youngster’s call up to the England first-team in November, and United have finally captured their target.
Premier League rivals Arsenal and Tottenham Hotspur were reported to have been in hot pursuit of Zaha, but their efforts subsided soon after United showed their intentions.
Having remained typically coy about his club’s transfer dealings, Sir Alex Ferguson briefly revealed his intentions of developing yet another young talent.
“As we like to do, we sign young players with potential,” the Scot said.
“We can also develop players well here. That’s proved to be the case many times.
“Hopefully the boy will enjoy it coming here when he eventually does join us in the summer.”
Crystal Palace co-chairman Steve Parish said: “I feel this a great deal for the club and the player. We would like to thank Wilf for all he has done for the club and we all wish him well when he joins Manchester United in the summer.
“It was essential to Wilf and ourselves that he stayed at Palace for the remainder of this season to help the club with its main aim of promotion to the Premier League.”
Competition to secure Zaha’s signature has been fierce, but United powered their way to the £10million singing, which could rise to £15million depending on appearances and success.
Zaha earned his first call up to England’s first-team last year and could make his second in the friendly against Brazil in February.