Why did Leicester City beat Sunderland to sign Everton's

Why did Leicester City beat Sunderland to sign Everton’s Tom Cannon?
APP
BEN WIGNALL
PUBLISHED 1 DAY AGO
The Foxes splashed the cash on Cannon on transfer day, beating a number of other clubs to his signature.
The EFL’s busiest transfer saga came to an end late last Friday when Everton striker Tom Cannon finally signed for the Championship club.

He scored eight goals for Preston North End in 2022-23, his first loan spell at Goodison Park, and the 20-year-old has been in high demand over the summer, with the Lilywhites leading the charge for his services. for a loan

However, the Toffees were not allowed to let Cannon back to Deepdale until they secured their new striker, although they have reportedly reached an agreement with Ryan Lowe’s side, but the Premier League outfit have had enough of waiting for a while. the auction takes place in the last week of the window.

And that meant Cannon would leave the club he grew up in permanently, with several clubs bidding for his services.

Middlesbrough put £4m on the table, North End somehow managed £5m, but Leicester City initially won the race with a fee of around £6m, which could rise further with add-ons.

However, the striker was also wanted by other clubs, with Norwich, Stoke and Swansea among those eyeing a deal for the marksman, while another long-term admirer of Cannon was Sunderland.

Since taking ownership of Kyril Louis-Dreyfus, the Black Cats have been prolific in signing young and promising talent, but this time they failed to land Cannon as Enzo Maresca’s Foxes prevailed.

=Leicester essentially beat the Wearsiders to Cannon’s signature as they actually made a cash offer for the Ireland youth international – while Sunderland did not.

Tony Mowbray’s side were in contact with Cannon’s services during the summer but wanted to make the deal permanent rather than a loan – at the time Everton were only considering taking the striker on loan.

Things changed however at the end of the transfer window when Everton finally decided to consider the possibility of one of their most talented youngsters leaving full-time as the sale represented a clean sweep of their Financial Fair Play record.

However, Sunderland are unlikely to extend the £6m bonus that Leicester later paid for Cannon. Instead, attention was turned to Ukrainian Nazariy Rusyn and Mason Burstow, on loan from Chelsea.

Does Leicester City need Tom Cannon more than Sunderland?
Sunderland’s desperation for the striker over the summer became very public, especially in the hope that Ross Stewart would eventually leave, so it’s hard to argue that Leicester needed him more.

However, both Kelechi Iheanacho and Patson Daka have been linked with a number of clubs in recent weeks – although neither ended up leaving.

Four first-team forwards are now in place, but it is unclear whether Daka will be involved with Maresca in the coming months as he has yet to play under the Italian, while Iheanacho has.

Cannon joins both of them and veteran Jamie Vardy, who is well past his prime, chasing game time, and when January rolls around and both Daka and Iheanacho are at the Africa Cup of Nations, the new signing’s presence will be even greater. important He is not only an investment now but also for the future and Leicester did well to come in at the last minute to see the rest of the competition.