Fatawu Issahaku’s imminent deal in limbo after Leicester City’s breach
Ghanaian winger who happens to be playing for Leicester City on loan from Sporting Lisbon may have his permanent move in tatters following Leicester City’s breach of Profitability and Sustainability Rules as they are been charged by the English Football League.
On behalf of Sporting Lisbon, Portuguese media are worried and concerned what the Leicester City transfer embargo might mean for the future of the Ghanaian youngster as it could be one of the sanctions for engaging in that breach.
The Premier League on Thursday referred Leicester to an independent commission for an alleged breach of Profitability and Sustainable Rule and failure to submit their financial accounts to the league. In less than 24 hours later, the club was placed under a player registration embargo by the English Football League
Last year, Leicester City announced a pre-tax loss of £92.5m for the year up to May 2022. There has been an increased of £60m to the previous year. The club admitted that the decision not to sell a big first team players in the summer of 2021 whilst continuing to improve the team was the reason behind the large deficit.
In the season’s between 2016-2020, Leicester City raised £225m through selling one of their best players each summer (N’Golo Janet, Danny Drinkwater, Riyad Mahrez, Harry Maguire and Ben Chilwell). The club spent much money from 2021 on arrivals while not getting enough from their departed players.
The club have come out to issue legal proceedings against the Premier League and the English Football League following their charge.
There is a clause in Abdul Fatawu’s loan contract that would see him move to the King Power Stadium permanently in the event of Leicester gain promotion into the Premier League. And Sporting is looking for €17m fee (£14m). Portuguese outlet A Bola has reported that Fatawu’s return to Sporting Lisbon could be the most likely scenario.
Story By: Awal Mohammed Hudu
