Leicester is preparing a £15 million bid for a “excellent” new player who will cost £50,000 per week.

On their way back to the Premier League, Leicester City are reportedly readying an offer to secure their first signing of the summer in the form of a player who played Champions League football last season.

Leicester transfer news

Of course, before anything, the Foxes must find their replacement for Enzo Maresca, who swapped Leicester for Chelsea after securing promotion back to the top flight.

So far, the likes of Carlos Corberan and Ole Gunnar Solskjaer have been linked with the job. The latter could complete his return to management for the first time since leaving Manchester United in 2022.

However, the new boss will have the tough task of navigating a way through a potential points deduction following Leicester’s Financial Fair Play breach, which could instantly leave them fighting an uphill battle to keep hold of their rediscovered top-flight status. Even amid FFP concerns, though, the Foxes are seemingly ready to spend this summer.