For much of this past campaign, Pearson has had both Schlupp and Paul Knochesky to call on, but with the former Charlton and Liverpool fullback out of contract this summer, it is natural that the Foxes boss was eager to reinforce that area of the pitch.
Free transfer signing Fuchs will expect to be a prominent first-team player at the King Power Stadium considering he is Austrian captain, but left back is a role under some development under Nigel Pearson, who dabbled with switching to a wingback system with huge success in the last few weeks of the season.
Schlupp finished the season as first-choice on the left hand side, and impressed with his work rate and attacking contribution, scoring four times and assisting four more in 35 games.
Arsenal have once more been linked with the Ghanian in recent days, by sources such as the Mail, and though Arsene Wenger seems to be happy with his options at left-back, where he has the improved Nacho Monreal and England international Kieran Gibbs, it wouldn't be a surprise if the Frenchman has taken note of Schlupp's form, as well as the arrival of Fuchs.
Pearson and Leicester would naturally be hugely reluctant to see the former Brentford loanee depart, though they will be glad to have the 29-year-old ex Schalke man at the club, just in case the Gunners come in with a bid that is hard to refuse.