Manchester City’s successful bid for Jeremy Monga was more than twice the price Arsenal had offered to pay, according to reports.
Jeremy Monga of Leicester City inspects the pitch prior to the Sky Bet Championship match between Stoke City and Leicester City at Bet365 Stadium on February 21, 2026 in Stoke on Trent
Photo by Jess Hornby/Getty Images
David Ornstein reported for The Athletic over the weekend that Manchester City’s eventual agreement to sign Jeremy Monga from Leicester City was worth £12.5m and a sell-on clause, with £10m guaranteed and £2.5m of add-on payments.
That was quite significantly more than Arsenal’s reported bid, with the Gunners having a £5m offer turned down by Leicester.
Leicester had reportedly responded to that bid by asking for £10m and a 15% sell-on fee, which is seemingly what City have given them, plus another £2.5m in bonus payments.
Jeremy Monga of Leicester City looks on as he warms up prior to the Sky Bet Championship match between Queens Park Rangers and Leicester City at Loftus Road on December 20, 2025
Photo by Cameron Howard/Getty Images
Whilst it will be disappointing for Arsenal to miss out on their target, the eventual deal is at least twice the price the Gunners had offered.
If Monga activates his add-ons, City will pay two-and-a-half times the price, and if the sell-on clause is ever activated then it could end up being three or four times higher than Arsenal’s bid. That’s no minor disparity.
Arsenal were negotiating with Leicester to try and avoid a tribunal, but City ended up paying more than any tribunal fee in the history of English football.
Danny Ings’ move to Liverpool was set by tribunal at £8m, and Rio Ngumoha’s move to Liverpool cost up to £6.8m, but even with all the add-ons, neither reached even the lower end of City’s fee for Monga.
Jeremy Monga of Leicester City in action during the pre-season friendly match between Leicester City and ACF Fiorentina at The King Power Stadium on August 03, 2025 in Leicester, England.
Photo by Michael Regan/Getty Images
Arsenal evidently hadn’t expected anyone to pay nearly as much as City did, or they would have just taken it to a tribunal in the first place, so it’s understandable they opted to withdraw from the race.
16-year-old Monga made 30 appearances for Championship Leicester in all competitions in 2025/26, scoring one goal and assisting two more.
Jeremy Monga of Leicester City in action during the Sky Bet Championship match between West Bromwich Albion and Leicester City at The Hawthorns on September 26, 2025 in West Bromwich, England. (Photo by Jack Thomas/Getty Images)
Photo by Jack Thomas/Getty Images
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