Allnigeriasoccer.com understands that Belgian Cup winners Racing Genk are ready to meet the wage demands of Ike Ugbo to seal the permanent transfer of the Chelsea striker.
The young attacker is back in London training with Chelsea as his agent negotiates his permanent departure from Stamford Bridge.
Contrary to reports, Racing Genk's plan to sign Ugbo does not hinge on the sale of Nigeria national teamer Paul Onuachu as manager John van den Brom could tweak his formation and play with two strikers.
Indeed, the Dutch football tactician tried this formation last season but discarded it simply because Cyriel Dessers was out of his element.
Apart from the wage demands, Racing Genk are prepared to meet Chelsea's asking price of around five million euros.
Ugbo thinks that Genk are a good club and would be making the right choice if he returns to Belgium, where he impressed last season with 17 goals in all competitions for Cercle Brugge.
Ifeanyi Emmanuel
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February 26, 2026
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