Jorgen Strand Larsen to Crystal Palace: Wolves striker completes £48m transfer to Selhurst Park as Jean-Philippe Mateta stays

Crystal Palace have completed the club-record £48m signing of Wolves striker Jorgen Strand Larsen - however, a late move for Everton's Dwight McNeil collapsed.

Palace have paid a fixed fee of £43m for striker Strand Larsen plus £5m in potential add-ons.

Strand Larsen leaves the Premier League's bottom club Wolves after 18 months. He scored 14 Premier League goals last season as Wolves stayed in the Premier League under Vitor Pereira, but has managed just one this term.

Palace have now broken their transfer record twice in this window following the purchase of Brennan Johnson from Tottenham Hotspur.