REPORT: Ghanaian second division club set to receive ₦11 billion windfall after Leicester City’s promotion to the Premier League.

Steadfast FC stands to gain a considerable windfall of ₦11 billion after Leicester City secured promotion to the Premier League by winning the EFL Championship....READ FULL ARTICLE

Owned by prominent politician Haruna Iddrisu, the Ghanaian second division club is poised to earn €7.9 million from the anticipated permanent transfer of young talent Abdul Fatawu Issahaku to Leicester City this summer.

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Issahaku, who has been on loan at Leicester from Sporting CP, is set to activate a €17 million buyout clause in his contract following his pivotal role in Leicester’s Championship triumph.

Despite initial hurdles due to an EFL transfer embargo, Leicester City’s promotion ensures their ability to secure Issahaku permanently. This move will not be affected by the embargo, which solely pertains to clubs in England’s first division.

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Steadfast FC’s lucrative involvement stems from a reported 50% sell-on clause with Sporting CP. With Issahaku’s transfer from Sporting CP to Leicester City expected to generate €15.8 million in profit, Steadfast FC and Sporting CP will each receive €7.9 million.

This windfall presents Steadfast FC with a significant opportunity for growth, including investment in infrastructure, player development initiatives, and overall club advancement. Issahaku’s impactful contributions to Leicester’s success, including six goals and 13 assists, further underscore his value to both clubs.…READ FULL ARTICLE 

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