Leicester City are reportedly biting their fingers over their £25m investment on Nigeria international, Kelechi Iheanacho and are now desperate to mitigate their loss on the former Manchester City striker.

Iheanacho is one of the top earners at Leicester City with a reported £115,000-a-week (about N49m weekly) but he has been struggling since arriving at the King Power Stadium.

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According to UK’s SunSport, the Foxes are beginning to accept they made an expensive mistake by snapping up the Nigerian ace and are now willing to let him off their pay roll for a cut-price tag.

“The problem is Kelechi is earning around £115,000-a-week on a five-year deal and no club will currently want to take him on those wages.

“So Leicester might have to let him go for a lot cheaper than they paid for him if they decide to sell now”, a source was quoted as saying in The Sun.

Before finally settling for Leicester City, Newcastle boss Rafa Benitez was interested in Iheanacho in the summer and the likes of Stoke, West Ham and Swansea were also in the hunt.

It is yet to be seen if the clubs will still consider Iheanacho good enough to join their ranks or whether the Nigerian star will even be favorably disposed to a pay cut ahead of the World Cup.

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