According to reports in the Portuguese media this afternoon, Leicester City have secured a deal for Porto full-back Ricardo Pereira.
Pereira, a highly-regarded Portuguese international, made the move to Porto in the summer of 2013, but initially struggled for game-time.
As such, the versatile stopper, who can play either at right or left-back and even on the wing when required, was sent out on a two-year loan spell to Ligue 1 outfit Nice from 2015-2017.
And it was with Les Aiglons that the Vitoria Guimaraes youth product began to showcase his true potential, proving a dependable defensive presence and consistent threat in attacking areas (2 goals and 8 assists during his two campaigns in Ligue 1).
Pereira’s impressive form at the Allianz Riviera led to inevitable links with moves to a number of European heavyweights, with Tottenham and Juventus having been touted as potential destinations for much of last summer’s transfer window.
In the end, though, the 24-year-old returned to Porto, since going on to enjoy an impressive campaign.
Pereira managed 34 appearances between the league and Champions League following his Estádio do Dragão return, racking up 2 goals and 6 assists in the process, and playing a key role in Porto reclaiming the Portuguese Primeira Liga.
King Power bound?
Rumours have been rife in the media over recent months that Pereira will be on the move once again this summer, though, with Premier League outfit Leicester City now seen as the clear front-runners for his signature.
And, as per an update courtesy of Portuguese outlet A Bola (since backed in England) this afternoon, Leicester have now secured a definitive deal with Porto, with the Foxes set to splash out 20 million Euro for Pereira, plus a further 5 million Euro in potential bonuses.
Pereira will battle with Danny Simpson for a starting berth at the King Power stadium next season.