Leicester have completed the signing of Liverpool midfielder Jay Spearing on loan until the end of the season.

The 21-year-old, who made his Liverpool debut in the Champions League clash against PSV in December 2008, will look to help the Foxes secure a Coca-Cola Championship play-off berth.

Leicester chairman Milan Mandaric told the club's official website: "Jay is a great signing for the team, a player that should be a big help to us between now and the end of the season."

He added: "We have been trying to do everything we can to ensure that we have the best chance possible of succeeding in this division."

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