Leicester City Secure Bilal El Khannouss in €23M Deal with Genk

Leicester City have made significant progress in their pursuit of Genk midfielder Bilal El Khannouss, with their latest offer being accepted by the Belgian club. The Foxes have been engaged in extensive negotiations to secure the services of the talented Moroccan international, and it appears that their efforts have finally paid off.

According to Belgian journalist Sacha Tavolieri, Genk has agreed to a deal that will see Leicester City pay a fixed fee of €20.5 million for El Khannouss, with an additional €2.5 million in potential add-ons. Moreover, the agreement includes a clause that guarantees Genk will receive ten percent of any future sale of the player, which was a key factor in the successful conclusion of the negotiations.

El Khannouss, who has been eager to join Leicester, has already agreed to personal terms on a four-year contract with the club. The midfielder is expected to travel to England on Wednesday to undergo a medical examination and finalize the deal by signing his contract.

This transfer marks a strategic acquisition for Leicester City as they continue to bolster their squad with an eye on securing promotion back to the Premier League. The payment terms of the deal, which are favorable to Genk, played a crucial role in reaching this breakthrough, even though the final transfer fee is slightly lower than initially anticipated.

As the transfer window approaches its conclusion, Leicester fans will be eagerly anticipating the official confirmation of El Khannouss’ signing, which is poised to add significant quality to their midfield options.

The information provided is based on a report from OneFootball.