Poland's Bartosz Kapustka shoots at goal
The Foxes have snapped up the likes of Ron-Robert Zieler, Luis Hernandez, Nampalys Mendy and Ahmed Musa so far this summer, but with their maiden Champions League campaign on the horizon, manager Claudio Ranieri will be keen to add more new faces.
One player who could be heading to the King Power Stadium is Polish playmaker Bartosz Kapustka. The Daily Mail report that, having had an opening offer of £6.25m rejected for Kapustka, Leicester have returned with a new bid of £7.4m in a bid to get the deal done.
In fact, the report claims that Leicester now believe an agreement with Kapustka's club Cracovia is close, and now hope to get personal teams agreed amid interest from Premier League rivals.
Kapustka, 19, hit five goals for Cracovia last season to earn a place in Poland's Euro 2016 squad, and he put himself in the spotlight with a superb performance in Poland's opening group game against Northern Ireland.
Primarily an attacking midfielder who can also play out on the left hand side and cut in on his right foot, Kapustka is a tricky, creative player who has huge potential, judging by his performances in France this summer - and Leicester are now ready to swoop.
The Foxes will want a deal done quickly though, as the report claims that Everton and Southampton are also interested in signing Kapustka, whilst Ajax, Borussia Dortmund and Koln have an interest in the teenager as well.
With an offer of £7.4m plus add-ons now on the table, Leicester appear confident that they can beat their Premier League rivals to a deal, especially with Champions League football on offer - but whilst Kapustka is still a Cracovia player, there will always be the threat of a hijack hanging over the Foxes.
Would you like to see Leicester sign Kapustka?