The 22 year old has been a long term target for Paul Warne and he's finally got his man on loan for the season, subject to EFP, PL and FA ratification.
The former Denmark U21 international spent last season on loan at Oldham Athletic and impressed, keeping 15 clean sheets.
Speaking earlier this month, Warne was happy to play the waiting game for Iversen, saying; 'I personally like U23 goalkeepers, I like the way they are, I like the way they play, I like the fact they are more aggressive off their line and they can kick with both feet, which is crucial. If you get your loans right, great. The one that we all like is the one we want to wait for.'
Iversen could face his parent club on SAturday when the Foxes visit the NYs in a pre-season friendly game.