Di Marzio’s report claims that Leicester are holding out for a €1 million [roughly £760,000] loan fee which is currently blocking the negotiations although talks are still ongoing.
Benalouane only joined Leicester in the summer, trading Atalanta for the King Power Stadium for a reported fee of £5.6 million – a figure quoted by the local paper the Leicester Mercury.
The 28-year-old signed a four-year deal with the Foxes, and his capability of playing in any position across the back four has given boss Claudio Ranieri plenty of options.
However, Benalouane has seemingly struggled to adapt to the rigours of Premier League football and has so far made just four substitute appearances in the league – accumulating to 66 minutes of action in the process.
His lack of appearances has prompted speculation over his future, and a return to Italy has been heavily sounded out throughout the current January transfer window.
Fiorentina are riding high in Serie A and would represent a fine option for the player; yet Paolo Sousa’s team are so far said to be unwilling to pay the loan fee quoted for his services.
Leicester’s recent addition of Daniel Amartey – a player capable of filling in at the back – suggests that Benalouane has been pushed further down the pecking order at the East Midlands club.
A deal for the defender does not appear too far away with just a few loose ends needing straightening out.