By Tom Blackburn

Everton have completed the signing of Yannick Bolasie from Crystal Palace, it was announced on Monday afternoon.

Bolasie has signed a five-year deal with Everton after completing a medical and agreeing terms with the Merseyside giants.

Everton confirmed the signing of Bolasie on their official Twitter account on Monday.

Sky Sports claimed on their transfer centre blog (10.58am) that the Merseysiders will pay £28million to sign to winger from Palace.

It is said that Bolasie will move for an initial £22.5million, with another £2.5million of add-ons and the potential for a further £3million further down the line.

He becomes Everton’s fourth major summer signing following the arrivals of Maarten Stekelenburg, Idrissa Gueye and Ashley Williams to Ronald Koeman’s new-look squad.

Bolasie was on the substitute’s bench for Palace’s 1-0 defeat against West Brom on Saturday but came on in the 66th minute to a standing ovation from the Selhurst Park support.

The 27-year-old has ended a four-year stay at Palace, how he joined in 2012 after moving from Bristol City for £250,000.

In total, Bolasie played in 31 encounters for the Eagles last season in all competitions, scoring six goals and providing six assists.

In other Everton transfer news, Aston Villa are in advanced talks to land an ex-Everton man months after he rejected club.