James Maddison: Leicester reach decision on improved Newcastle bid after transfer strategy backfires

Leicester attacker James Maddison

Leicester City are poised to reject an improved Newcastle bid to sign James Maddison that isn’t as high as first reported.

The Foxes are yet to make a single new addition this summer. Their total absence of both loan or permanent acquisitions makes them the only side in Europe’s top five leagues to not add a new face so far.

Yet even more worrying for Leicester fans is the sheer number of starters now linked with exits.

Indeed, Kasper Schmeichel is poised to join Ligue 1 outfit Nice. Sky Sports reported a medical will take place in the next 24-48 hours.

Wesley Fofana is in Chelsea’s sights, while Youri Tielemans’ future remains uncertain. Both Arsenal and Manchester United have drawn frequent links with the Belgian who only has one year remaining on his contract.

James Maddison too is being linked with a move away with cash-rich Newcastle ready to mobilise.

The Magpies have already seen one bid for the 25-year-old playmaker rejected, leading to a second, improved bid now being lodged.

James Maddison bid confusion clarified

Initial reports claimed it totalled in the region of £50m. That is still some way short of Leicester’s reported £60m valuation.

However, Sky Sports and the Daily Mail’s Craig Hope both report the second bid isn’t as high as first claimed.

They both noted it exceeds £40m including odd-ons, though doesn’t reach £50m. Unsurprisingly, all sources claim Leicester will snub the bid.

Newcastle unwilling to splash the cash

Sky added Newcastle chief are standing ‘firm’ in their valuation of transfer targets this summer. That suggests that if Leicester stick to their £60m price tag, a deal won’t be made.

Despite their untold riches, the Magpies are taking a measured approach to the market. Indeed, their current record buy still remains Joelinton – a player signed before the Saudis arrived.

Newcastle were also heavily linked with Bayer Leverkusen’s Moussa Diaby and Leeds United’s Jack Harrison.

However, an unwillingness to meet the players’ valuations ensured neither move came to fruition.

Sky concluded talks over a Maddison move are continuing, though Newcastle won’t be pressured into paying what they believe is over the odds.

While that strategy may be wise in the long run, it is unlikely to see any truly big names landed in the here and now.