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Transfer Watch: Mark Schwarzer completes free move to Foxes

Leicester have announced the signing of veteran goalkeeper Mark Schwarzer from Chelsea on a free transfer.

The 42-year-old has joined on a one and a half year deal and is likely to go straight into the team with regular number one with Kasper Schmeichel absent with a foot injury.

Schwarzer was third choice at the Blues behind Thibaut Courtois and Petr Cech and had not played for the west London club this season.

Andrej Kramaric is expected to soon complete his move to Leicester from Rijeka.

The striker is at the Foxes putting the finishing touches to a deal after travelling to the city with the club's assistant sporting director Ivan Mance.

Press Association Sport understands Croatia international Kramaric is poised sign a three-and-a-half year contract.

Kramaric has scored two goals in four games for his country after starting his career with Dinamo Zagreb.

Chelsea had been interested in the forward but they failed to agree terms with Rijeka after their initial offer.

Mauro Zarate has pledged to "show what I can do" to West Ham boss Sam Allardyce after completing his loan move to QPR.

The 27-year-old West Ham forward has signed for Rangers until the end of the season, and goes straight into contention for Saturday's Premier League trip to Burnley.

West Ham boss Allardyce defended his decision to allow Zarate to leave on loan, saying the striker "wasn't good enough", but the former Lazio man hit back on completing terms with QPR.

"I am happy. I need this, I need to play and Queens Park Rangers have given me this chance to show what I can do," said Zarate.

Rangers have rejected Robert Sarver's £18m takeover bid despite the American banker claiming he has the "resources and ability to get this club back to its elite level".

The owner of the NBS side Phoenix Suns wanted to buy a controlling stake in the crisis-hit Ibrox outfit but was knocked back on the basis that his offer does not "adequately value a controlling interest in the Company".