The 20-year-old is Fulham's eleventh signing of the summer after Jean Michaël Seri, Aleksandar Mitrovic, Alfie Mawson, Fabri, Maxime Le Marchand, Joe Bryan, André Schürrle, Luciano Vietto, Sergio Rico and Calum Chambers.
Speaking to the Palace website, Hodgson said: "I am delighted to have extended my contract with Crystal Palace". Manager Slavisa Jokanovic will be able to count on record signing Jean Michael Seri as well as former German global Andre Schurrle.
Crystal Palace manager Roy Hodgson has signed a one-year contract extension to keep him at Selhurst Park until 2020. Among the Eagles new signings are Cheikhou Kouyate, goalkeeper Vicente Guaita and Jordan Ayew - all in contention to feature on Saturday.
Mauricio Pochettino backs Tottenham to improve despite lack of signings
Paul Merson is backing Tottenham Hotspur to finish in fourth place ahead of Arsenal in the Premier League table this season. Tottenham failed to make a single signing this summer, in a transfer window which frustrated many of their supporters.
Vietto joins the newly-promoted Premier League side, who are looking to cement their top-flight status under Slaviša Jokanović, and he can't wait to get started. Live streaming is available on NBC Sports, which you can access with your cable or satellite subscriptions, either online or through the NBC Sports app.
But after the worst start in Premier League history, Hodgson not only managed to steer the team to safety, but an impressive 11th-place finish.
The Ghanaian dup will be expected to make the team that travels to Craven Cottage on Saturday for the season's opener.