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Crystal Palace announced on Monday that Wilfried Zaha's loan from Manchester United has turned into a permanent transfer, accompanied by a five-and-a-half year deal for the 22-year-old winger.

By Alexander Abnos
February 02, 2015

Once one of England's most exciting young talents, Wilfried Zaha has elected to return permanently to the club where he made his name in order to get his career back on track. 

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Crystal Palace announced on Monday that Zaha's loan from Manchester United has turned into a permanent transfer, accompanied by a five-and-a-half year deal for the 22-year-old winger. The clubs did not disclose the transfer fee, but the BBC reports that Palace paid £3 million ($4.5 million) for Zaha's permanent return, with subsequent clauses that could raise the fee to £6 million ($9 million).

Zaha was Sir Alex Ferguson's final signing as manager of Manchester United, costing the Red Devils £15 million (about $24 million) in January of 2013. However, he spent most of his time with the club on loan, including a season-long deal with Crystal Palace for this campaign. Zaha made only four appearances with the Manchester United first team in his time at Old Trafford, playing 167 minutes. 

Zaha wasn't the only deal made by Palace on deadline day, as the club seeks to solidify its mid-table standing. The club also announced the signing of South Korean international Lee Chung-Yong from Bolton Wanderers for an undisclosed fee believed by the Guardian to be around £1.5 million ($2.3 million).