Manchester United will have to pay Chinese club Shanghai Shenhua £10.5million Odion Ighalo loan extension
Manchester United agreed on a deal with Ighalo’s parent club to extend his loan deal until the end of January 2021, with no option to buy in the clause.
Ighalo joined the premier league side on the last day of a deadline loan move to Old Trafford, that was to last till May 31.
Former Watford striker season loan was disrupted by the outbreak of the coronavirus that has seen football games in the premier league suspended.
The 30-year-old old parent club wanted him to return before the resumption of the Chinese league, but both clubs reached an agreement on Monday that will see Ighalo remain at old Trafford for another 7 months.
According to Daily Mail, the Shanghai Shenhua will receive a total of £10.5m, with the £6m loan fee and £130,000-a-week salary combined to let him stay at Old Trafford.
Igahlo currently earns £130,000 a week after he agreeing to a wage cut before his move to Manchester United.
Shanghai reportedly offered Ighalo a contract extension until 2024 worth £400,000-a-week, but the player was keen to stay at United whom he supported as a boy.
Ighalo has been in a remarkable season since he joined Ole Gunnar Solskjaer’s side, scoring 4 goals in 8 appearances for United in all competitions.