Wrexham are set for a £1.25million windfall after Danny Ward sealed a £12.5million transfer from Liverpool to Leicester City.

The 25-year-old - who left Wrexham for the Anfield club back in January 2012 for a fee in the region of £100,000 - has signed for the 2015/16 Premier League champions in a deal worth in the region of £12.5million, with Wrexham set to net a significant seven-figure windfall for having a 10 per cent sell-on clause in Ward's contract.

The transfer represents a lucrative piece of business on Wrexham's behalf, with the recent boom in transfer fees resulting in inflated fees for Premier League players. Liverpool have secured a 20 per cent sell-on clause in Ward's new four-year contract with the Foxes.

With Brazilian international Allison making a £67million move to Liverpool from AS Roma, Wrexham-born Ward was set to find his chances of breaking into Jurgen Klopp’s first-team limited further, having already fallen behind Loris Karius and Simon Mingolet.

"I've come here to develop my all-round game and hopefully help deliver some more success," Ward told Leicester City's official website.

Wrexham-born Ward has since had successful loan spells at Aberdeen and Huddersfield, who he helped clinch promotion to the Premier League in the 2016/17 season making 43 appearances.

Ward's form for Aberdeen - keeping 13 clean sheets in just 21 matches - led to a recall by Liverpool, and he made his debut for Klopp's side in a 2-1 win over Bournemouth in April 2016.

He also earned his first start for Wales and third cap overall in his nation's opening game of Euro 2016, a 2-1 victory over Slovakia, deputising for Wayne Hennessey.