Manchester United will reportedly cough out £10.5m to Chinese Premier League Shanghai Shenhua after extending Odion Ighalo’s loan deal.
Ighalo will remain with the Red Devils until January 2021 following a new agreement between both clubs.
The former Watford striker initial loan deal expired at the end of last month, but he will now be able to see out the remainder of the season and the first half of next campaign.
According to the Daily Mail, Shanghai will receive a £6m loan fee while United pay £130,000 of Ighalo’s £300,000-a-week salary.
The 31-year-old linked up with United on a six-month loan deal in January as cover for Marcus Rashford who sustained an injury in the Emirates FA Cup clash against Wolverhampton Wanderers.
Ighalo has scored four goals in eight appearances for United since his arrival on transfer deadline day.
