Leicester City close to signing AS Monaco forward

Leicester City close to signing AS Monaco forward Rachid Ghezzal with a 10-15m euros being agreed, according to Foot Mercato.

The 26-year-old is excepted to sign a four-year contract at the King Power Stadium and will undergo a medical examination on Saturday.

The Ligue 1 club are expected to turn over a profit on the Ghezzal just with forward spending just one season in the French principality following his move from Olympique Lyonnaise.

Ghezzal to Leicester

The Foxes are on the verge of completing their fourth summer signing having already wrapped up deals for James Maddison, Ricardo Pereira, Jonny Evans and Danny Ward.

Only last summer Monaco signed Rachid Ghezzal on a free transfer from Lyon and are set to make a quick profit by selling the winger to the Premier League club for a fee between 10-15m euros.

On Friday evening a deal between the two clubs became very close with the player also in agreement over the move.

The Algerian is now expected to undergo a medical at some stage later today to finalise his move away from France.

Valencia’s Demarai Gray enquiry

LEICESTER, ENGLAND – APRIL 01: Demarai Gray of Leicester City shows appreciation to the fans during the Premier League match between Leicester City and Stoke City at The King Power Stadium on April 1, 2017 in Leicester, England. (Photo by Michael Regan/Getty Images)

Valencia CF have contacted the representatives of Leicester City winger Demarai Gray to discuss a transfer, according to Marca.

The Spanish’s clubs director Pablo Longoria met with Walid Bouzid, who manages the 21-year-old, in Leicester talking about a potential move for around 30 minutes.

Valencia are looking to replace Gonçalo Guedes after the Portuguese international returned to parent club Paris Saint-Germain following the conclusion of his loan spell.