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    Home»Sports»Politician Haruna Iddrisu’s Club Set for €7.9 Million Windfall from Fatawu Issahaku ’s Permanent Move to Leicester City
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    Politician Haruna Iddrisu’s Club Set for €7.9 Million Windfall from Fatawu Issahaku ’s Permanent Move to Leicester City

    Insight NewsBy Insight NewsApril 30, 2024No Comments2 Mins Read
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    Ghanaian Politician Haruna Iddrisu’s Club Set for €7.9 Million Windfall from Fatawu Issahaku ’s Permanent Move to Leicester City

    Video: Abdul Fatawu Issahaku reveals why he joined Leicester City

    Ghanaian Division One League club Steadfast FC, co-owned by prominent politician Haruna Iddrisu, is poised to benefit significantly from the transfer of young talent Abdul Fatawu Issahaku to Leicester City. Issahaku, currently on loan at Leicester from Sporting CP. could secure a permanent deal worth €17 million if certain conditions are met.

    Key Points:

    Issahaku’s Impressive Performance:

      • The 20-year-old winger has enjoyed an impressive campaign in the English Championship.
      • He played a pivotal role in Leicester’s promotion to the Premier League.
      • Issahaku contributed seven goals and 13 assists in all competitions during the season.

    Initial Loan Agreement and Transfer Embargo:

      • Issahaku’s initial loan agreement gave Leicester an obligation to sign him permanently for €17 million.
      • However, the transfer has been complicated by a transfer embargo imposed on Leicester due to breaching profitability and sustainability rules (PSR).

    Steadfast FC’s Windfall:

      • Should Leicester City finalize the deal, Steadfast FC stands to receive €7.9 million out of the transfer fee.
      • Steadfast inserted a 50% sell-on clause in Issahaku’s contract when he joined Sporting CP three years ago.
      • Sporting will deduct the €1.2 million they initially invested in Issahaku.

    Praise from Sporting Manager Ruben Amorim:

      • Sporting manager Ruben Amorim praised Issahaku’s development since joining Leicester.
      • Amorim highlighted Issahaku’s talent and positive behavior during his time at Sporting.
      • Fatawu Issaku: Leicester City To Sign Ghanaian Winger Permanently After His  Impressive Loan Spell - YEN.COM.GH

    The Transfer Summary Details

    • Leicester’s Obligation: Issahaku’s initial loan agreement with Leicester included an obligation for the Foxes to sign him permanently for €17 million.
    • Transfer Embargo: However, Leicester faced complications due to a transfer embargo resulting from breaching profitability and sustainability rules (PSR).
    • The Payout: Should Leicester successfully finalize the permanent deal, Steadfast FC would receive €7.9 million as part of the transfer fee.
    • Sell-On Clause: Flashscore reports that Steadfast FC had the foresight to insert a 50% sell-on clause in Issahaku’s contract when he initially joined Sporting Lisbon three years ago.
    • Sporting’s Share: Once Leicester pays the €17 million, Sporting Lisbon will recoup the €1.2 million they initially invested in Issahaku. The remaining €15.8 million will be split evenly between Leicester and Steadfast FC.

    As Issahaku’s journey continues, the collaboration between Ghanaian clubs. And international teams remains an exciting prospect. As the summer transfer window approaches, all eyes are on Fatawu Issahaku’s future. Will Leicester City secure his services permanently? Only time will tell. Stay tuned for further updates on this exciting transfer saga.

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