Premier League pace-setters Leicester City have completed the signing of teenage defender Wesley Fofana from Saint-Etienne in a record-breaking deal.

The French side declared earlier in the week that the move would be the biggest sale in their history, with reports that Leicester are paying in the region of £30million (€32m) for Marseille-born Fofana.

Now the deal taking the 19-year-old to England has been sealed, Leicester announced on Friday.

Fofana told Leicester’s official website: “I’m very happy to be here. I’ve watched Leicester City closely since they won the title and they’re a top club in the Premier League.

“I know I will learn a lot from the players and the manager here, which is one of the main reasons I came. I can’t wait to get started.”

Fofana was described by Saint-Etienne as “one of the greatest French talents of his generation” on Tuesday, when they revealed the centre-back was heading to Leicester.

He was called up for the France Under-21 squad this week.

Saint-Etienne described Leicester’s bid as “exceptional, especially given the uncertain economic context caused by the [COVID-19] health crisis”.

Leicester stunned Manchester City 5-2 on Sunday to make it three wins from three so far under manager Brendan Rodgers in this season’s Premier League. They also have a Europa League campaign ahead.

Fofana played 14 matches in Ligue 1 last season, made two appearances in the Europa League, and helped Saint-Etienne reach the Coupe de France final, where they lost 1-0 to Paris Saint-Germain.