This archive report was first published on 6 August 2019.
Manchester United's £87 million signing of Harry Maguire has brought a £70 million boost to Leicester City, the club that sold him in 2017 for £17 million with add-ons.
Maguire's move to Old Trafford is the latest in a series of big money transfers that have seen Leicester City reap significant profits.
According to reports, Maguire signed from Hull City in 2017 for a fee of £17 million with add-ons, and his sale to Manchester United has made him the most expensive defender in the world.
Leicester City has made a total of £70 million from the sale of Maguire, a significant boost to the club's finances.
Maguire's sale is the latest in a series of big money transfers that have seen Leicester City reap significant profits. In 2015, the club sold N'golo Kante to Chelsea for £32 million, making a profit of £26.4 million. In 2014, Riyad Mahrez joined Manchester City for £60 million, making a profit of £59.9 million. In 2012, Danny Drinkwater moved to Chelsea for £35 million, making a profit of £34.1 million.
These big money transfers have brought significant profits to Leicester City, and the club is likely to continue to reap the benefits of its successful transfer policy.
