Crystal Palace have signed Queens Park Rangers midfielder Ebere Eze on a five-year deal, the club has confirmed.
The 22-year-old was highly sought after impressing in the Championship this season, and Palace have won the race for his signature.
Eagles Chairman Steve Parish spoke of his excitement at the signing.
"Eberechi is a player whose development we have followed closely. We are delighted he has chosen to sign for us over the other clubs that were interested and we feel that this is the right club for him to continue his development," he told the official website.
"With our Academy recently securing Category 1 status, this further illustrates our focus on youth as we look to consolidate and improve upon our position as a Premier League club."
After having their first two bids rejected for the player, the Eagles were successful with their third attempt. Reports suggest that the fee for the player could rise up to £20 million, with Palace paying an intial £16 million.
Eze scored 14 goals in 46 Championship appearances during 2019/20.
Palace beat off competition from the likes of Fulham, West Gam and Newcastle United to complete the transfer.
After completing his move, Eze explained his decision to choose Selhurst Park.
"As a football club, I feel like there are great players here and it’s a brilliant opportunity for me to come and be with these players, to link up with them and to really push on," he said.
