Manchester City have agreed on a £50million buy-back option for Kelechi Iheanacho, as the striker closes in on his transfer to Leicester.
Iheanacho had a medical at Leicester’s training ground on Tuesday and is set to finally join Leicester for £25m, after the deal was held up due to a row over image rights with his former agents.
With the Super Eagles star now set to officially become a Leicester player, Telegraph Sports reports that Manchester City have struck an agreement, which will see them given the first option to re-sign the 20-year-old if he proves a success with the former Premier League champions.
Leicester were happy to agree to the clause, as they will double their money in the event of the player becoming a massive hit with them.
Iheanacho could make his debut in Friday’s friendly against Borussia Monchengladbach at the King Power Stadium.
Manager Craig Shakespeare said earlier this week: “I’m hoping he will be available for the game at Arsenal, but I am like every other manager at the moment. I think we all find it frustrating but it is the current market.
“You saw with the Harry Maguire one, we got that done quick. When he is in the door, we can announce it.
“At the moment, of course, we are interested in players as most of the Premier League is, but you can see that clubs won’t really talk about it until they are over the line.”