Nigel Pearson is set to return with a final £7.5million offer for Leonardo Ulloa and has offered Jamie Vardy a new contract.
Pearson wants to sign a proven goalscorer this summer and is prepared to smash Leicester City’s transfer record with a renewed bid for Ulloa, the Brighton and Hove Albion forward.
Leicester have already had at least three offers rejected for the Argentinian but are weighing up whether to pay the asking price and finally end their protracted pursuit.
Sunderland forward Connor Wickham has also been considered by last season’s Championship winners with an inquiry made last week.
But with Sunderland set to offer Wickham a new deal, Pearson is ready to step up his attempts to sign Ulloa who has always been the club’s No. 1 target.
Ulloa, 27, is believed to have told Brighton of his desire to leave but any move has been held up by the steep asking price.
Pearson is also focusing on keeping his squad together for the forthcoming season and Vardy, the forward, has been offered a new four-year deal.
Vardy scored 16 goals last season and was the subject of interest from Southampton in the January transfer window.
England under-21 international Liam Moore and highly-rated youngster Jeff Schlupp have also been offered one-year extensions.