Leicester City close to £4.7m deal for Demarai Gray?

Leicester City have reportedly entered into negotiations with Birmingham City about a deal for Demarai Gray.

The 19-year-old attacking midfielder has quickly become one of the most highly-rated players in the Championship, and Birmingham have previously rejected advances from Bournemouth for his services.

However, the Daily Mail claims that the Foxes are keen on bringing Gray to the King Power Stadium before the end of the summer transfer window.

The report suggests that Leicester have triggered a £4.7m release clause in the contract Gray signed with Birmingham earlier this summer.

Birmingham were reported to have rejected a £2m bid from Bournemouth in January.