Jonny Evans' release clause means Leicester are about to land the bargain of the summer
Jonny Evans is finally leaving West Brom
The former Manchester United defender is believed to have agreed to terms with Leicester City, after being linked with moves to Arsenal and Manchester City in the January transfer window.
It was reported Pep Guardiola was considering sanctioning a bid of nearly £25m to add him to his squad midway through last season before he eventually opted to bring in Aymeric Laporte from Athletic Bilbao instead.
Although £25m might seem relatively cheap in the current transfer market, it dwarfs the transfer fee that Leicester are about pay for the 30-year-old.
As reported by the BBC, the 2016 Premier League champions will pay just £3.5m for Evans, which will be payable in two instalments of £1.75m.
This comes as a result of a relegation clause inserted in the Northern Ireland international's contract.
Jonny Evans on brink of joining @LCFC. Terms agreed. £3.5m, payable in two instalments.
— Simon Stone (@sistoney67) June 6, 2018
Evans came through the youth ranks at United, where he was highly rated by Alex Ferguson.
After loan spells at Royal Antwerp and Sunderland, he featured regularly in the club's first team. However, he was allowed to leave Old Trafford by Louis van Gaal three years ago, joining West Brom.
Evans inherited the club's captaincy from former United teammate Darren Fletcher, who departed for Stoke City last summer.