Ghanaian second division side Steadfast FC is set for a major financial boost following the permanent transfer of winger Abdul Fatawu Issahaku to Leicester City.
Leicester triggered a €17 million purchase clause in Issahaku’s loan deal after he played a significant role in their Championship title win. Notably, this move translates to a €7.9 million windfall for Steadfast, a club owned by Ghanaian politician Haruna Iddrisu.
The 20-year-old joined Leicester on loan from Sporting CP, who had acquired him from Steadfast in 2022 for €1.2 million.
Leicester’s purchase price included a clause requiring them to buy Issahaku if he reached a specific number of appearances, which he achieved during the promotion campaign.
Fatawuuuuuu pic.twitter.com/24AdodDTMx
— Leicester City (@LCFC) July 16, 2024
With Sporting recouping their initial investment, the remaining €15.8 million (after subtracting the €1.2 million) is split between the two clubs, resulting in a significant payout for the Ghanaian second-tier team.
Issahaku impressed during his loan spell at Leicester, contributing seven goals and 13 assists last season.
“I feel amazing,” Issahaku declared to Foxes Hub after signing his five-year contract.
“It’s good to be back and I’m just focused again for next season. The Premier League is a new challenge and I’m motivated to succeed alongside the team. I can’t wait to see my teammates again, they’re like family now.”
He’s poised for continued success as he reunites with his Leicester teammates and prepares for his Premier League debut against Tottenham Hotspur on August 19th.
The post Haruna Iddrisu’s club to reap €7.9m windfall from Issahaku transfer first appeared on 3News.