The Stadio Artemio Franchi club acquired the winger for €300,000 with an option to purchase for €9.7 million.
The winger, however, failed to impress, scoring one goal in 19 league games in his debut season for the King Power Stadium outfit, which cost him a place in Algeria’s Africa Cup of Nations title-winning squad.
This term, he has not featured for Brendan Rodgers’ men and in an effort to secure playing time, the former Lyon star has teamed up with the Purple One.
The Algeria winger will link up with Ghana international Kevin-Prince Boateng and Burkina Faso’s Bryan Dabo.
Ghezzal could make his debut for his new club when they take on Serie A champions Juventus in their next league game on September 14.