Liam Delap’s £30m move to Chelsea benefits Man City financially via a sell-on clause after his breakout Ipswich season.
Manchester City are set to receive a significant financial boost from England Under-21 international Liam Delap who is expected to transfer to Chelsea.
The 22-year-old striker is reportedly close to joining the London club after a successful season at Ipswich Town, despite interest from Manchester United.
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Delap impressed this season, scoring 12 Premier League goals for the recently relegated Ipswich.
The Winchester-born prodigy sparked interest from several clubs but Chelsea appears to have secured his signature.
Chelsea Win Race for Delap Despite United Interest
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According to Athletic, the relegation release clause allows Delap to move for £30 million, a reduced price compared to his potential value.
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Delap's linked move to the Blue is good news for Manchester City, who included a sell-on clause when they sold Delap to Ipswich a year ago.
The initial deal was worth £15 million, with an additional £5 million contingent on Ipswich's promotion to the Premier League, which they achieved.
City also included a 20% sell-on fee on any profit Ipswich made from a future transfer. Delap's £30 million move to Chelsea will therefore net City £2 million.
Delap's Loan Spells to Premier League Breakthrough
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The Citizens had a buy-back option, their recent acquisition of Omar Marmoush and Erling Haaland's contract extension mean a striker is not a priority this summer.
Delap made only six first-team appearances for City and spent time on loan at Stoke City, Preston North End, and Hull City (not Hill City as previously reported), scoring a combined 12 goals across those spells – the same number he netted for Ipswich this season.
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Delap was recently named in the preliminary England Under-21 squad for the upcoming European Championships. The final 23-player squad will be announced on June 6th.