Struggling to break into the Reds’ first team since his 2022 move from Fulham, Carvalho, 21, has been forced to accept back-to-back loans with RB Leipzig and Hull City.
Now back with Liverpool, the 21-year-old, who has three years left on his deal, appears determined to leave Anfield in search of more regular first-team minutes.
Joining the saga, Leicester City, who won the Championship title last season and are now preparing for life back in England’s top flight, clearly view Carvalho as the ideal player to strengthen their fight for survival.