On Friday, Newcastle United saw their opening offer for James Maddison rejected by Leicester City.
The Foxes are in a difficult situation right now as they are the only Premier League club yet to make a new signing.
Brendan Rodgers’ side need to move players on before bringing in new ones and, at the moment, their business is at a standstill.
Leicester set Maddison asking price
Newcastle’s rejected offer for Maddison was £40 million, according to Sky Sports.
The Foxes are understood to value the midfielder at closer to £60 million.
The Tyneside club are now considering whether or not to make an improved bid.
Tottenham have also been linked with a move for the 25-year-old.
Brendan Rodgers is determined to keep Maddison who finished last season very strongly.
He managed seven goal contributions in his final four Premier League matches.