Transfer News: Manchester City sign Bolton Wanderers youth striker

As revealed by football site Goal, Manchester City have signed one of Bolton Wanderers’ youngsters for their prestigious academy.

14 year old Daniel Ogwuru has left Wanderers to join City’s Elite Development Squad.

Goal state:

”Manchester City have signed young striker Daniel Ogwuru from Bolton for around £100,000.

City have long held an interest in the 14-year-old and had their initial bid of the same value rejected back in January.

Ogwuru since became available for free as a result of Bolton’s financial problems and subsequent administration.

A number of clubs had made approaches to the youngster’s family as a result, but City have gone back to Bolton’s administrators with their original offer, which covered their obligations regarding training fees set out by the league’s Elite Player Performance Plan regulations.

City’s offer also includes a number of performance-related add-ons that will apply to Ogwuru’s time with the club’s various youth teams. Should he reach the first team in the future, Bolton could receive a seven-figure sum.”

It’s a shame to lose a highly rated youngster, but at least the club can potentially profit from the deal one day.

Best of luck to Daniel with City. Finger crossed he can make an impact in the years to come.