Since Leicester City confirmed their promotion to the Premier League, the Portuguese media has reported that Issahaku Fatawu will join the Foxes on a permanent basis. That was one of the stipulations of the agreement, and the Lions appeared to be getting a good deal by securing a €17 million sale so early in the offseason. Now, as Record Today reports on this trade, Sporting is receiving a small portion of the money.
According to reports, the Lions are only owed €7.9 million from Leicester City’s €17 million transfer fee, which represents 50% of their profit on him. Sporting signed the player from Steadfast for €1.2 million in 2022, and part of the agreement with the Ghanaian club was that they would receive 50% of the profits from any subsequent moves. That doesn’t appear to be such a good bargain now, as the Record reports that Fatawu may not even stay at Leicester City for long. They say the Foxes could sell him soon, but there are no details, and they don’t even identify any clubs that are interested.
Leicester City could’solve’ Newcastle United’s PSR concerns, as £15 million transfer links emerge. Newcastle United Transfers: One Newcastle United midfielder has been linked with a move to newly promoted Leicester City this summer. Leicester City have expressed an interest in signing Newcastle United midfielder Sean Longstaff this summer. The Foxes are currently without a manager as they prepare to return to the top division following one season in the Championship, and Longstaff has surfaced as a possible candidate this summer.
The 26-year-old has been a regular under Eddie Howe at St James’ Park, and despite missing the majority of the season due to a foot ailment, he made 46 appearances in all competitions for Newcastle last season, including 35 in the Premier League. According to reports, Leicester have been watching Longstaff for ‘a number of months’ and could make a formal move for him when the summer transfer window opens.
Leicester, on the other hand, faces the possibility of a points reduction for PSR violations, and they could start the season with fewer points. Furthermore, they, along with Newcastle, Aston Villa, Everton, and Nottingham Forest, are apparently need to sell players by June 30 in order to comply with PSR ahead of the next season. A move for Longstaff appears unlikely to occur before that date, unless they can raise finances by selling one of their key players. One of those might be Kiernan Dewsbury-Hall, who has recently been linked with moves to Manchester United and Chelsea.
Although Longstaff has been an important player under Howe, a quirk of the present Profit and Sustainability Rules means that any homegrown player, such as Longstaff, can be recorded as pure profit on a club’s financial records, which can go a long way toward assisting teams in resolving PSR concerns. Chelsea has been an example of this in recent years, with players such as Lewis Hall and Mason Mount, who came up via their academy systems, being sold to assist them comply with PSR.
Furthermore, Leicester will most likely need to pick Enzo Maresca’s successor before engaging in any significant transfer activity. Former Nottingham Forest manager Steve Cooper and Graham Potter, who has previously coached Chelsea and Brighton in the Premier League, are among the favourites to take over at the King Power Stadium.
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