October 5, 2024

LEICESTER, ENGLAND - JUNE 21 : Leicester City unveil the new manager Steve Cooper at the King Power Stadium on June 21, 2024 in Leicester, United Kingdom. (Photo by Plumb Images/Leicester City FC via Getty Images)

Leicester City will have to spend wisely with their transfer budget this summer.Leicester City unveil the new manager Steve Cooper at the King Power Stadium on June 21, 2024 in Leicester, United Kingdom.

New Leicester City boss Steve Cooper has a big task on his hands ahead of the 2024/25 Premier League season.

Star midfielder Kiernan Dewsbury-Hall has already departed the club to join back up with former Foxes boss Enzo Maresca, who left following Leicester City’s Championship winning campaign.

However, Cooper’s progress to try and make his first signings of the summer have not been halted as they look to sign a defender from abroad.

The Foxes were interested in bringing Belgian defender Arthur Theate to the King Power, but are now set to sign Atalanta defender Caleb Okoli for over £12m.

Although Leicester City are handing over a sizeable fee for the young Italian centre back, the Foxes will still have leftover money to potentially allow them to target more signings this summer.

Leicester City likely to have ‘a bit of money to play with’ in summer transfer windowLeicester City unveil the new manager Steve Cooper at the King Power Stadium on June 21, 2024 in Leicester, United Kingdom.

Cooper will not need to be too frugal when eyeing up players ahead of the 2024/25 Premier League season.

The former Nottingham Forest boss will reportedly have a budget in the area of £50m this summer to spend, per Leicester Mercury.

Jordan Blackwell on Leicester Mercury said: “£50m seems closest to what it will be.

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