“I’m over the moon,” Spence said after signing his new deal.

Eberechi Eze is reportedly on the verge of completing a transfer to Tottenham, with the clubs very close to an agreement. The Crystal Palace midfielder was on the radar of both Arsenal and Tottenham, but with the red half of North London falling away, it left just Thomas Frank’s side to negotiate with.

Eberechi Eze is expected to start for Crystal Palace against Chelsea despite Tottenham Hotspur stepping up talks to sign the England forward.

Palace chairman wants to keep his prize assets until after the start of their Europa Conference League campaign which kicks off against Fredrikstad on Thursday.