The young Nigerian has agreed to a five-year contract with the Foxes on Thursday after being cleared for his medical earlier in the week.
Iheanacho is another high-profile name to leave the club as Manchester City’s heavy spending on the likes of Kyle Walker, Bernardo Silva, Benjamin Mendy and Danilo has inversely caused a mass exodus of players from the Mancunian club.
The 20-year-old Iheanacho is a Manchester City academy product that showed signs of promise in his first two years with the team. In all, he had 64 total appearances for City and managed to score 21 goals in all competitions.
Once Gabriel Jesus transferred over to the Citizens, Iheanacho started to see his appearances drop and this prompted him to make the move to the Leicester-based club, even though he had signed a contract to remain at City until 2021.
Now Iheanacho will try and get a fresh start at Leicester where he will join fellow Nigerian internationals in Wilfred Ndidi and Ahmed Musa as they try to bring the Foxes back to the glory of when they won the league two seasons ago.