Vaughan moves to Palace

The 22-year-old will go straight into the Palace squad for this weekend's Championship clash at Reading.

Vaughan has struggled to command a first-team place at Goodison Park after being hampered by injuries since his breakthrough five years ago.

The Toffees Academy product, who has been troubled by shoulder and knee problems in recent years, spent time on loan with Derby County and Leicester City last season.

Vaughan made his mark when he became the Premier League's youngest goalscorer with a strike against Palace at the age of 16 years 271 days in 2005.

Finding himself behind the likes of Louis Saha and Jermaine Beckford in the pecking order, he was linked with new Premier League side Blackpool over the off-season but no move materialised.

Although the official transfer window has closed, Football League clubs can sign players on an emergency loan for a maximum of 93 days.