Leicester City have completed the signing of Marko Futacs on a free transfer from Portsmouth.

Having been in discussions with the Foxes for a number of days, the 22-year-old has now decided to put pen to paper on a three-year contract at the King Power Stadium.

Manager Nigel Pearson has since revealed that his club face stiff competition for the Hungarian's signature.

"Marko has only been in English football for a year, but has shown all of the physical and mental attributes to be successful at this level and we are delighted to have added him to the squad," Pearson told the club's official website.

"He is another player we faced considerable competition to sign, which only serves to highlight how impressively he performed for Portsmouth last season.

"His height naturally offers some variety to our attacking options, but he is a very gifted player whose technical strengths should not be underestimated."

Futacs arrived on English shores in 2011 when he joined Pompey.