Leicester City's 17-year-old winger Jeremy Monga has signed a contract with Manchester City, the club's press service announced on their official website.
The contract with the player is for five years, until the summer of 2031. The transfer fee is 10 million pounds sterling (11.7 million euros), of which 2.5 million pounds sterling (2.9 million euros) are also provided in the form of bonuses.
"When I found out that Manchester City were interested in me, I immediately knew it was the right choice. I am honored to be here and happy to join the team," Mongui was quoted as saying by the club's press service.
Jeremy Monga played 30 games for Leicester last season, scoring one goal and providing two assists. According to Transfermarkt, his market value is €15 million.