Manchester United sign Aaron Wan-Bissaka on five-year deal from Crystal Palace

Manchester United have completed the signing of right-back Aaron Wan-Bissaka on a five-year deal from Crystal Palace.

The 21-year-old also has the option to extend his contract for another year.

Sky Sports News understands the deal will cost United £45m plus £5m in add-ons, which are understood to be based on appearances, with the player himself earning more than £80,000 a week.

• Analysis: Wan-Bissaka has tools to shine at Man Utd
• Inter to bid £62.8m for Lukaku

The England U21 international defender becomes Ole Gunnar Solskjaer's second signing of the summer after Daniel James' arrival from Swansea, and United's fifth most expensive signing of all-time behind Paul Pogba (£89m), Romelu Lukaku (£76m), Angel Di Maria (£59.7m) and Fred (£52m).

"It's an unbelievable feeling and an honour to call myself a Manchester United player and something I know that only a small number of players have the privilege to say," Wan-Bissaka told Manchester United's website.

"I can't wait to get going and integrated into the squad. I will have a short break now after the European Championships but I'm looking forward to starting training with the manager and my new team-mates on the pre-season tour."

• Man Utd transfer rumours
• Why Bruno Fernandes would thrive in PL

Solskjaer says Wan-Bissaka was brought to Old Trafford because he is "exactly the type of player" United wanted to add to their squad.

"Aaron is one of the best upcoming defenders in the Premier League," he said.

"He has the right work ethic, talent and mentality to play for Manchester United and he fits exactly the type of player that we are looking to bring into the squad to help us improve and push on further.

"Aaron is a young, hungry player and eager to learn and that's important at his age. I am delighted he has signed with us and we look forward to continuing his tremendous development so far."

Follow the Summer Transfer Window on Sky Sports

From July 1, Sky Sports News will be the home to three new shows dedicated to bringing you the very latest news from this summer's transfer market.

Start your day with Good Morning Transfers at 9am as our team of reporters and pundits bring you the latest news and insight. Transfer Talk then follows at midday delivering the biggest stories that matter to you. And join us at 7pm for the definitive round-up of the day's news with The Transfer Show.

And as well as tuning into Sky Sports News, don't miss a thing with our dedicated Transfer Centre blog.

• Transfer Centre LIVE!
• All the Premier League ins and outs

There's also the Transfer Talk Podcast, the daily UK, Regional and European Paper Talk, plus features across skysports.com and the Sky Sports app.

Sky Sports Racing Selector

Select 7 winners for your chance to win £1,000