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Report: Leicester City lead race for £10 million-rated Internacional midfielder Charles Aranguiz

Leicester City lead race for £10 million-rated Internacional midfielder Charles Aranguiz, reports suggest.

According to the Daily Mail, Leicester City have emerged as the front-runners to sign Chile international Charles Aranguiz after offering £10million for the 26-year-old Internacional midfielder. 

Aranguiz, who is also a target for Bayer Leverkusen, is being targeted by Foxes boss Claudio Ranieri as the man to fill the void left by Esteban Cambiasso's departure.

The 26-year-old has 40 caps for his country, and most recently helped Chile lift the Copa America title on home soil earlier this month.

He scored two goals in the tournament as well as holding his nerve in the penalty shoot-out as Chile beat Argentina 4-1 on penalties in the final.

Subsequent reports, such as those in the Independent, suggest Aranguiz has no interest in joining the East Midlands club despite them being the only side at present to meet Internacional's valuation.

Meanwhile, the player's situation is made all the more complicated by the fact that he is part-owned by a third party called Group DIS.

However, it was such third-party ownership that helped West Ham United to sign Carlos Tevez and Javier Mascherano from Brazilian club Corinthians in 2006.

Should Leicester overcome the odds to secure the 26-year-old's signature, he would be some coup on behalf of Ranieri.

He would represent an exceptional signing for the Foxes and a real boost ahead of the upcoming Premier League campaign, throughout which top-flight survival is again the priority. 

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