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Leicester City to offer Esteban Cambiasso £5m contract?

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Leicester City are reportedly preparing a £5m contract for Esteban Cambiasso.

Leicester City are reportedly in talks with free agent Esteban Cambiasso over a £5m contract.

The 33-year-old midfielder left Inter Milan at the end of last season and is yet to find a new club despite having over 500 appearances under his belt.

Premier League newcomers Leicester are among West Ham United, Aston Villa and Valencia fighting for Cambiasso's signature but the Foxes are leading the race, according to The Mirror.

The midfield veteran has won the FIFA World Cup, Italian Cup, UEFA Super Cup and the European Cup.

Nigel Pearson's side are also interested in Watford's Troy Deeney after having a number of bids rejected.

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Troy Deeney of Watford celebrates scoring his team's second goal during the Sky Bet Championship match between Watford and Blackburn Rovers at Vicarage Road on March 25, 2014
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TeamPWDLFAGDPTS
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2Chelsea16104237191834
3Arsenal1686229151430
4Nottingham ForestNott'm Forest168442119228
5Manchester CityMan City168352823527
6Bournemouth167452421325
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13Manchester UnitedMan Utd166462119222
14West Ham UnitedWest Ham165472129-819
15Crystal Palace163761721-416
16Everton153661421-715
17Leicester CityLeicester163582134-1314
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