Watford have reportedly turned down an improved offer from Leicester City for striker Troy Deeney.
Leicester have already strengthened in attack this summer. They signed Brighton & Hove Albion centre-forward Leonardo Ulloa for a club-record fee of approximately £10million.
Manager Nigel Pearson is still keen to add another man up front, however, and Deeney appears to be at the top of the list.
Moves for Cardiff City's Fraizer Campbell and Sporting Lisbon's Islam Slimani have gone quiet as Pearson appears to have switched his attention to the Hornets' striker.
Deeney has been prolific in his past two seasons in the Championship, scoring 45 goals. His most memorable moment came against Leicester in the 2013 play-off semi-final, when his injury-time volley saw Watford advance to the final and condemned the Foxes to another season in the Championship.
Watford failed to gain promotion to the Premier League that year, but Deeney could find himself in the top flight soon enough if Leicester are able to secure his signature.