12 July, 2017
Leicester City will pay Manchester City an initial fee of £22.5m for his services and they have also agreed on a buy back clause of £37.5m for the first four years of his stay with the Foxes.
According to reports today in United Kingdom tabloids, Tottenham Hotspur could be about to take Super Eagles forward Kelechi Iheanacho to White Hart Lane in a bid to speed up defender Kyle Walker's transfer to Manchester City, AOIFootball.com can report.
Despite the outline of an agreement being in place, Leicester are not the only side keen on Kelechi, with Spurs, Borussia Dortmund and Monaco also among his admirers.
Tottenham could yet make things hard for the Foxes, however, as they feel they may have a chance of hijacking the deal due to City's interest in right-back Kyle Walker.
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The Leicester Mercury report that the former Premier League champions are close to completing a deal for Iheanacho, but Tottenham have now entered the hunt for a forward who seemed destined to move to their bitter rivals West Ham earlier this summer.
It remains to be seen if City decide to sell Iheanacho to Tottenham, who finished above Guardiola's men last season.
City have so far fought off competition for Iheanacho from other clubs, including West Ham, and it looks like Leicester are the favourites to sign the 20-year-old worldwide.
Iheanacho made an immediate impact for Man City in the 2015/16 campaign, scoring eight goals in 26 Premier League appearances.