The Foxes are backing down in their pursuit of the striking sensation.
Yesterday saw Crystal Palace chairman Steve Parish effectively rule his side out of the race for QPR striker Charlie Austin in an interview with talkSPORT. Today, another Premier League club has seemingly done the same.
The team in question are Leicester City, as seemingly confirmed by coach Kevin Phillips.
The former Palace striker has confirmed that, like The Eagles, Leicester have decided to bow out of the fight for Austin’s signature – believing the club already has enough strength in depth to survive next term.
"Charlie Austin would be an attractive proposition for any club, but we have five very good strikers here already.
"I think having six would be a bit too much."
The bid, in the region of £12 million, fell short of their estimation for the player.
Austin is one of the Premier League’s most sought after players this summer after an excellent debut campaign in the Premier League. He netted 18 goals in 36 games last season and in his playing career he has 216 goals in 350 games – hence the scramble to snap him up from relegated QPR.
The current crop of strikers at Leicester, including new signing Shinji Okazaki, should suffice in the top-flight and hopefully Andrej Kramaric will also be firing on all cylinders from the get go next season – so Austin might not be needed.
But the Leicester pull-out will come as music to the ears of several other Premier League clubs.