The Foxes will pay £24m for one of the stars of last season’s Championship and a player included in the PFA Team of the Season for 2017/18. The deal is split into a £22m fee with £2m in bonuses, as well as Norwich City receiving a 10% share of any future transfer fee Leicester receive.
Maddison attracted a lot of attention with Everton and Southampton strongly in contention for the England Under-21 international’s signature, but the former Premier League champions moved swiftly after reaching agreement with the Norwich City board.
The midfielder travelled to Leicester’s Belvoir Drive training centre for a medical and having passed it successfully, will move to the King Power Stadium on a five-year deal.
After missing the last month of the season due to a knee ligament injury, no problems surfaced in his medical with Leicester expecting Maddison to be fully fit for the start of the new Premier League season in August.
The 21-year-old leaves Carrow Road after his first full season in the Canaries first XI and with less than 100 league appearances to his name. Maddison scored 14 goals in 41 Championship matches last season.