Transfer news: Leicester City agree season-long deal for Manchester United's Michael Keane
Leicester City have extended the loan of teenage defender Michael Keane for the rest of the season.
Keane's loan from Manchester United was due to finish after Thursday's Championship clash with Wolves.
However, Pearson said they had come to a verbal agreement with United for the 19-year-old centre-back to remain with City during the remainder of their promotion push. The deal will be officially confirmed next week.
"He will be here until the end of the season and we are pleased we can extend it," he said.
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"He has done well for us and he has played well. This is a good chance for him to get more league experience."
Keane initially joined City on loan with midfielder Jesse Lingard, in November, but was injured early on in his debut at Bolton.
He returned to United for treatment but, after both players' loans were extended to January 2, with Keane's loan extended further until the end of this month, he returned to City's starting line-up for the 6-1 drubbing of Huddersfield, who City face in the FA Cup fourth round tomorrow.
With Zak Whitbread and Sean St Ledger out injured, Keane has been an ever-present since.
Keane had previously expressed his desire to remain with City for the season.
"I think this team has the potential to get promoted and I would like to play a part in that," he told the Mercury.
"It would be a great experience if I stay."