Saint-Etienne defender Wesley Fofana is heading to Leicester City in a deal that breaks the French club’s transfer record, it was announced on Tuesday.

Fofana was described by Saint-Etienne as “one of the greatest French talents of his generation” as they confirmed the 19-year-old centre-back was heading to the Premier League.

There have been reports Leicester will pay a fee in the region of £30million (€32m) for Marseille-born Fofana, with the transfer a huge financial boost for Saint-Etienne.

In a statement, the Ligue 1 club said: “AS Saint-Etienne reached an agreement on Tuesday evening with Leicester, the current leaders of the English Premier League, for the transfer of their defender Wesley Fofana. The amount of this transfer is the largest ever obtained by the club.”

Saint-Etienne said the decision to sell Fofana was reached collaboratively by the club’s board and shareholders, describing Leicester’s bid as “exceptional, especially given the uncertain economic context caused by the COVID-19