Manchester United and Crystal Palace have confirmed that an agreement has been reached for Wilfried Zaha to switch clubs in the summer, ending weeks of speculation about the player's future.
Zaha, 20, has been strongly linked to both United and Arsenal but has agreed a deal to move to Old Trafford after spending the remainder of the current campaign helping Palace in their push for promotion to the Premier League.
He has already been a major influence in establishing the Eagles as contenders at the top of the Championship, and earned a first England cap in the defeat to Sweden in November.
Reports in the Daily Mail suggest that Zaha's contract is worth an initial £35,000 per week with rises over the five-and-a-half year term, while Palace stand to receive £15 million.
Zaha told Crystal Palace’s official website: “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 10 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.”
Sir Alex Ferguson has hailed Zaha as a player with the potential to be another important signing for United, who have also signed youngsters like David de Gea, Chris Smalling and Phil Jones as well as overseeing the progression of academy graduates such as Danny Welbeck and Tom Cleverley into the first team fold.
"As we like to do, we sign young players with potential,” Ferguson 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."
Palace co-chairman Steve Parish added: “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.”