Leicester City’s Bilal El Khanous will leave the Championship club to join VfB Stuttgart on a permanent transfer.
he has brought imageWhich covers the latest information regarding the Leicester City player’s future.
The attacking midfielder joins the Foxes from KRC Genk for a reported fee of £21 million [€24.3m] In August 2024.
Following Leicester City’s relegation from the Premier League, he left them last summer to join Stuttgart on loan in August 2024.
As part of the loan deal, the Bundesliga side have a conditional obligation to make his stay permanent.
Permanent Leicester City Exit
in december Morocco international revealed Crystal Palace and Newcastle United were both showing interest in him. However, the Championship side refused to let him join another English club.
This allowed Stuttgart to pounce on a temporary deal, and his stay will now become permanent.
El Khanous has played 1,954 minutes in 30 matches [18 in the Bundesliga] In all competitions for Stuttgart, scored eight goals and provided four assists.
The build states that after a certain number of appearances, the conditions necessary to make their stay permanent have been achieved. In other words, the compulsory purchase obligation is now automatically ‘triggered’.
The report emphasizes that these conditions were not difficult to meet. As it is now effective, the German club will have to pay a €18m fee to Gary Rowett’s side. The fee could rise further with bonuses, and the English club have also secured a sell-on clause.
Financial benefits for the city of Leicester
El Khanous will sign a contract until 2030. That deal includes a salary of €3 million, it is unclear whether before or after tax.
Stuttgart has already paid €3.5m in loan fees to the Championship side. From its sale, the latter will earn an additional €18m, bringing the total deal so far to €21.5m.
This allowed Leicester City to recoup most of the fee invested to purchase the Moroccan two years earlier.
The Foxes are now 21st in the table and are going through financial struggles. At these difficult times, the funds raised from the sale of El Khanous to Stuttgart will be a welcome boost for Leicester City.
Even if contractual agreements state that the full money is not yet due, or the first payment is delayed until the summer, Championship clubs will be able to borrow against it.
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