Leicester City have confirmed that James Maddison has signed a new four-year deal at the club.
Sportsmail revealed last month that the midfielder was close to finalising a new contract worth £100,000-a-week at the King Power Stadium.
The England international – who scored nine goals for the Foxes in 2019-20 – is expected to have doubled his salary with the new deal which signals the end of Manchester United’s hopes of signing him this summer.
A new four-year deal for @Madders10! 📝 pic.twitter.com/JwAZITjIUs
The Old Trafford club have a long-term interest in Maddison and would have been able to offer Champions League football, but the 23-year-old has chosen to extend his deal with the East Midlands side until 2024.
‘I’m so happy to sign a new contract for this football club,’ Maddison told the club’s official website.
‘It’s an incredibly exciting time to be a Leicester City player with so many positive things happening on and off the pitch and I’m delighted to be part of that.
‘What we’ve achieved as a club this season is a huge step forward for us and I know there’s so much more to come from this team.
‘I’ve enjoyed every moment since joining Leicester City.
‘The supporters have been incredible to me and we’ve a fantastic set of players in that dressing room who are determined to show what we’re capable of doing together in both Europe and the Premier League next season.’
Maddison underwent minor hip surgery last month to cure a problem that restricted him to just two Premier League starts since football resumed in June.
Maddison’s absence hurt Leicester greatly during the post-lockdown period and was a key factor in their failure to hang on to the top-four spot they had occupied for most of the campaign.
But his new contract will come as a huge boost to the club given the impending departure of left back Ben Chilwell to Chelsea and will raise hopes he can kick on again after fully recovering from his injury.
Maddison made his debut for Leicester against Manchester United in the first game of the 2018-19 season after joining from Norwich City.
He has since scored 16 goals in 76 appearances for the club and made his England debut against Montenegro in a Euro 2020 qualifier last November.