Manchester City no longer possess a buyback option on Leicester striker Kelechi Iheanacho, according to the Daily Mail.
The Citizens sold the Nigerian international to the Foxes for £25m in the summer of 2017, but they kept an option to re-sign him for £50m. That clause, though, only lasted three years and it expired at the end of last season.
Since then, Iheanacho has begun to realise his potential, having scored 17 goals in 33 appearances for Leicester so far this campaign. His excellent form led to reports that the 24-year-old was being tracked by the likes of Chelsea, Arsenal and Manchester United.
City will also be in the market for a striker in the summer, with the club set to lose club legend Sergio Aguero, but it seems unlikely that Iheanacho will be a target, especially with the buyback clause no longer being active.
The club’s main target is believed to be Borussia Dortmund’s Erling Haaland, but the Norwegian’s £130m asking price will make any deal difficult to complete.