Leicester City are reportedly closing in on a deal for Odsonne Edouard.
According to the Daily Mail, the 23-year-old has made it clear he wants to reunite with former Hoops boss Brendan Rodgers this summer, with a £15m fee close to being agreed.
Rodgers reportedly sees Edouard as a long-term replacement for Jamie Vardy, who turned 34 back in January.
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Edouard’s valuation has fallen dramatically since the summer, but that was to be expected with his Parkhead deal expiring next year. The Hoops wanted £40m last summer for the striker, £25m in January and it now appears as if £15m could be enough for Edouard’s services.
And of course, Paris Saint-Germain included a 40% sell-on fee in the deal which brought Edouard to Parkhead back in 2018.
There’s no distinction made if the clause means 40% of the overall fee or 40% of the profit after Celtic’s fee to PSG has been cleared, which was £9.27m.
Should it be a 40% fee of the overall figure, Celtic would have to transfer £6m of a £15m deal to the French giants, leaving them with £9m – a possible £270,000 loss.
However, should the 40% clause activate on profit alone, the Hoops would only owe PSG £2.29m, leaving them with the remaining £12.71m.