US-based First Eleven Management reportedly secured Iheanacho his first City deal but Iheanacho signed on with UK-based Stellar Group who represents the likes of Gareth Bale, Glen Johnson and Kelechi Nwakali.
First eleven have asked the Football Association arbitration to cancel the new management contract which Iheanacho has signed with Stellar group.
A source told africanfootball.com:“Talks over a new contract for Kelechi have been suspended until the FA arbitration decides on who his agents are. First Eleven who first managed him have asked for the FA to cancel a new management contract the player has entered with Stellar Group.
“It is only after the decision by arbitration that the situation will be a lot clearer. But even then, this could go all the way to the courtroom the way things are going.”19-year-old Iheanacho started his second official game and scored in the 31st minute to give City a 2-0 lead against Norwich City in the FA Cup.
He now has five goals in all competitions for Manuel Pellegrini’s side this season.