"Manchester City" has reached an agreement to sign 16-year-old midfielder Jeremy Mongo from "Leicester City".
Sport.Biz reports this, citing journalist David Ornstein.
According to the source, the transfer fee is 10 million pounds sterling (11.7 million euros), with an additional 2.5 million pounds sterling (2.9 million euros) in bonuses. "Leicester" will also receive a percentage of the player's future resale.
Mongo had previously attracted the interest of several clubs, but after "Leicester City" was relegated from the Premier League, potential buyers increased their efforts. Last season, the player made 30 appearances for "Leicester", scoring one goal and making two assists. Transfermarkt values Mongo at 15 million euros.