Hull City to benefit if Leicester City sell Harry Maguire
Hull City are set to make a lot of money if Leicester City sell Harry Maguire.
Since his £17 million move to Leicester in 2017, Maguire’s stock has mostly been on the rise.
The 26-year old has grown into arguably the best English centre-back over the last couple of seasons, and the boys from Manchester have, unsurprisingly, been after him.
Manchester City are being widely reported as Maguire’s most likely destination, but they will have to pay a record fee if they are to sign the England international this summer.
Regardless of the fee, however, Hull will be entitled to 15% of the total profit made by Leicester because of the sell-on clause in Maguire’s agreement.
If, for example, Leicester sell Maguire for £75 million – the same amount as Liverpool paid for Virgil Van Dijk to Southampton – then Hull would receive £8.7 million from the £58 million profit made by the Foxes. That is a serious amount.
Many outlets have also reported Leicester’s asking price to be £90 million, an offer that you’d only expect a club like City to match.
Like many of the club’s top talents, Maguire has a long-term contract with the club, meaning that Leicester are in a very strong position to negotiate and are likely to not let the centre-back leave for anything less than what they want.
Still, they must be careful with what they do and what they don’t this summer. They would get a lot of money to be able to sign a replacement, but money doesn’t always guarantee the “right” replacement.