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Leicester City are reportedly interested in signing Aston Villa player Jack Grealish, but the Championship club are holding out for £40m.

Leicester City are reportedly preparing a bid for Aston Villa midfielder Jack Grealish.

The Villa academy player was part of the team that failed to clinch promotion to the Premier League last Saturday, following a 1-0 defeat to Fulham.

According to Sky Sports News, Leicester are interested in the 22-year-old alongside Arsenal and Manchester United.

The report adds that Leicester are close to a £60m agreement with Manchester City for the sale of former PFA Player of the Year Riyad Mahrez, meaning that the Foxes will have no trouble funding the signing of Grealish.

Grealish has two years left on his Villa contract and the club are reportedly holding out for £40m for the former England and Ireland Under-21 international.

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