The right-sided winger made his name at Russian side CSKA Moscow, where he played 150 games, before moving to Italian giants Juventus. He appeared 40 times for the Bianconeri, although he only played a minor role as they won the Serie A title last season.
The 27-year-old then moved to 2011-12 Super-Lig runners-up Fenerbahce for €7 million on August 3.
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The Turkish media have been excited with the arrival of Krasic, who has 46 Serbian caps. They cite the effect his signing has had on the sale of season tickets for the new campaign for Fener.
"Since Milos Krasic arrived, about 1,000 season tickets have been sold," Hurriyet reported.
Turkish football has been embroiled in scandal recently, with allegations of match-fixing. Fenerbahce's President is currently awaiting sentencing on the suspicion of organising criminal gangs. But Hurriyet believe that Krasic's arrival is helping divert the country's attention.
"32,500 season tickets were sold last season. But, despite a match-fixing scandal, the club has already exceeded that figure this year."
Fenerbahce play the second leg of their Champions League Play-off away to Vaslui on August 8, the score is 1-1.