Cannon was purchased by the Foxes on the final day of the transfer window, outbidding a number of other teams.
Tom Cannon, a striker for Everton, signed for a Championship team late on deadline day last Friday, putting an end to the busiest EFL transfer saga., a striker for Everton, signed for a Championship team late on deadline day last Friday, putting an end to the busiest EFL transfer saga.
The 20-year-old was in hot demand all summer, with the Lilywhites leading the pursuit for his services on loan after his eight-goal haul for Preston North End in the 2022–23 season, which was his first loan term away from Goodison Park.
Despite reportedly agreeing on a deal with Ryan Lowe’s team, the Toffees dug their heels in and refused to allow Cannon to return to Deepdale until they had signed their own new strikers. As a result, the Premier League team had to wait long enough for something resembling an auction to take place in the last week of the transfer window.
Additionally, it implied that Cannon would basically leave the club where he spent his formative years permanently since other clubs had made offers for his services.
Middlesbrough offered £4 million, North End managed to reach $5 million, but Leicester City ultimately prevailed with an initial fee of about £6 million, which might rise much higher with add-ons.
However, there were other teams that were interested in the striker, including Sunderland and Norwich. Stoke, Swansea, and Norwich were among the teams that investigated trades for the accurate shooter.
Since Kyril Louis-Dreyfus became owner, the Black Cats have been active in signing up-and-coming players, but they were unsuccessful in luring Cannon since Enzo Maresca’s Foxes prevailed in this particular case.
Why did Leicester City recruit Tom Cannon from Everton before Sunderland?
Essentially, Leicester outbid Sunderland for the services of Cannon because they really made a monetary offer, as opposed to Sunderland’s failure to do so.
Tony Mowbray’s team was linked with Cannon during the summer, but they preferred a permanent agreement rather a loan; at the time, Everton was only considering the attacker’s loan exit.
Late in the transfer window, however, things began to shift when Everton made the decision to finally contemplate the possibility of having one of their most talented young players leave on a full-time basis because a sale would represent pure profit on their Financial Fair Play records.
Sunderland’s attentions turned to the hot Ukrainian prospect Nazariy Rusyn and Mason Burstow, who was on loan from Chelsea, rather than the £6 million plus amount that Leicester ultimately paid for Cannon.
Did Sunderland require Tom Cannon more than Leicester City?
It’s difficult to claim that Leicester needed him more because Sunderland’s plight for a striker during the summer was made extremely public, especially given the likelihood that Ross Stewart would eventually leave.
However, Patson Daka and Kelechi Iheanacho were both connected with numerous teams in the closing weeks of the transfer window, even though neither player ended up leaving.
There are now four first-team strikers vying for one spot, but Daka hasn’t yet played for Maresca while Iheanacho has, so it’s uncertain if he’ll be on the Italian’s radar for the upcoming few months.
When January rolls around and both Daka and Iheanacho are at the African Cup of Nations, Cannon’s presence will be even more crucial. He joins them both plus veteran Jamie Vardy, a player who is clearly past his prime, in a push for game time
He is an investment for the present as well as the future, and Leicester did well to jump ahead of the rest of the competition by stepping in at the last minute.
