Our long-serving, former England international has signed a four-year deal at Filbert Street.
‘Walks’, 29, signed professional forms for us back in 1989 and made his first team debut a year later.
He went on to make over 300 appearances in all competitions but lost his number one slot to Neil Sullivan last season. ‘Sully’ was outstanding and as a result, Walker spent most of the season on the bench.
He has moved to Filbert Street to resurrect his career but knows he has to fight for his place — Tim Flowers and Simon Royce are battling for first-choice honours as well.
And Walker will be handicapped by a suspension at the start of the season after being sent off in a reserve game at the Lane at the back end of last term.
He said: "I know people will say I have swapped like for like in that I will have to fight for my place here.
"But the way I see it I needed a new challenge and a change of scenery.
"I don't think you can get guarantees anywhere so I was happy to sign for Leicester and show what I can do. I need a fresh start."
Reflecting on last season, Walker added: "I was very disappointed and frustrated. It was pretty bad in the end.
"When Neil came in, I didn't get a look in. To be fair his form was tremendous.
"After being so long at Spurs I felt it was time to revitalise my career."
Ian Walker was unveiled as Leicester City’s new goalkeeper at a press conference on Monday afternoon.