Sports News of Tuesday, 30 April 2024

Source: www.ghanaweb.com

Haruna Iddrisu's club to earn €7.9 million from Fatawu Issahaku's transfer to Leicester City 

Haruna Iddrisu and Fatawu Issahaku Haruna Iddrisu and Fatawu Issahaku

The Member of Parliament for Tamale South, Haruna Iddrisu, is set to benefit financially from the transfer of Fatawu Issahaku to Leicester City this summer.

Haruna Iddrisu, who owns Ghanaian Division One side Steadfast FC, facilitated the player's move to Portuguese club Sporting CP for a fee of €1.2 million.

After a challenging spell in Portugal, Issahaku moved to Leicester City on a season-long loan, with a mandatory purchase clause activated if Leicester qualified for the Premier League and Issahaku played in over 60% of the matches.

With Leicester's return to the Premier League confirmed, they are obliged to sign the Ghanaian player, who has a €17million buy-out clause.

Issahaku's participation in over 60% of the matches was pivotal in Leicester City's promotion to the Premier League.

Upon Leicester City's payment of €17million for Issahaku, Steadfast FC will be entitled to half of the profits from the transfer.

Since Sporting CP bought Issahaku in 2022 for €1.2 million, the profit from the transfer is €15.8 million. This amount will be shared between Steadfast FC and Sporting CP, with each team receiving €7.9 million.

Issahaku played a crucial role in Leicester City's promotion, scoring 6 goals and providing 13 assists.

Haruna Iddrisu owns Steadfast FC and Ghana Premier League club Karela United.

JNA/EK