"VfB Stuttgart spotted an opportunity and secured his services on loan last summer. The 21-year-old has been doing wonders for the German outfit, and according to Bild via SportWitness, Bilal El Khannouss will not be returning to Leicester. His move to Stuttgart will be made permanent in the summer."
"The Foxes had received 3.5 million as a loan fee last summer, which means they have recouped 21.5 million out of the reported 24.3 million they paid to sign him from Genk. The final fee could rise further depending on bonuses, and Leicester have also secured a buy-on clause."
"Following Leicester City's relegation to the Championship last season, the Moroccan international wasn't keen on playing in the second division. While rival clubs Crystal Palace and Newcastle United were ready to offer him an opportunity to stay in the Premier League, the Foxes were not ready to let him join an English club."
Bilal El Khannouss, a 21-year-old Moroccan attacking midfielder, is permanently joining VfB Stuttgart following Leicester City's Championship relegation. El Khannouss rejected Premier League offers from Crystal Palace and Newcastle, as Leicester refused to sell to English clubs. Stuttgart secured him on loan last summer with a conditional obligation to purchase based on appearances. The obligation has been triggered after 32 appearances and 12 goal contributions. Leicester receives €18 million from the permanent transfer, recovering €21.5 million of the €24.3 million paid to Genk. Combined with the €3.5 million loan fee, this provides crucial financial relief for the struggling Championship club. El Khannouss will sign a contract until 2030 with a €3 million annual salary.
Read at www.caughtoffside.com
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