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Watford have signed Leicester's Jordan Stewart for £125,000.
The 23-year-old is Hornets boss Adrian Boothroyd's first signing and can play on the wing, in the centre of midfield or at full-back.
Stewart told the club's website: "It's a new start for me and Watford's an up and coming team.
"When I met the manager a few weeks ago I knew he had the same ambition as me - we want to go to the same place which is the Premiership."
The fomer England Under-21 international joined the Foxes in 1998 and went on to make 87 appearances for the club.
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