The 14-year-old was available for free due to Bolton's financial woes but the Premier League champions have paid an initial fee and included bonuses.
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.
Ogwuru has been monitored by England scouts with a view to capping him at youth level in the coming years, and City plan to put him straight into their Under-15 team for the age group’s upcoming campaign.
He has caught the eye of scouts across the north west in recent months, with his size and poise in front of goal helping him stand out.
Daviator
1
Man city trying to convince financial fair play that they follow rules😂😂😂😂 wait when they sign a defender for 200M
it was actually purchase of a youngster (Sancho) that put them in hot water, they were actually of bribery of 400,000 extra
Daviator
0
next sancho
relax SMH
Daviator
0
we want big gaps fill up our LEGEND kompany 4 is gone so we need the replacement. why spending money on teenagers.. we want mature players not the amateur.. pep please do something so the fans get excited in coming season.. I know your great..
huh??? if you are not excited already, you don't need to be. You're an addict
NiwareebaRodgers
1
Man city trying to convince financial fair play that they follow rules😂😂😂😂 wait when they sign a defender for 200M
odanerussell
2
next sancho
kartik55
5
I thought it was a 100 million at first
idastones
1
sohelarmannafige
2
excellent deal. well done city
Malaysia8974916
2
City Bought any player with a cheap price but they played like a profesional player..sorry..pep is the best ever
Malaysia8974916
0
While everyone links us with 100m kids we are buying 100k kids. Sorry haters City spend their money wisely. 🤫
yup..what you say is true..but the haters always think negative about city bcoz they not afford
Tueadpstz
2
Djstarlina
3
Oh god is this their only signing [Crylaugh][Crylaugh]
Well showing our Dominance last Season he can be our Only signing
CityMan
4
While everyone links us with 100m kids we are buying 100k kids. Sorry haters City spend their money wisely. 🤫
F2009
5
we're always buying young players like this idk why people are so surprised. Buy them cheap, develop them, and sell them for a couple million and we make profit. Its smart if anything.
juniorsumon21
1
we want big gaps fill up our LEGEND kompany 4 is gone so we need the replacement. why spending money on teenagers.. we want mature players not the amateur.. pep please do something so the fans get excited in coming season.. I know your great..
AverageS4v4g3
3
FFS city [Crylaugh][Crylaugh][Crylaugh] this is just pityful
MadridCity810
6
I swear i thought it said 100million
Wiycekos
0
Official: The most expensive transfer so far
nome3737
1
Oh god is this their only signing [Crylaugh][Crylaugh]