Chelsea are still interested in the services of Jamie Vardy, and may be prepared to offer Loic Remy as part exchange.
Leicester say they have no interest in selling the striker, who is now valued at around £30m, but at the same time, do admit they are interested in Remy.
It is thought that the Foxes have joined the race for the want away French striker, making a bid of £7.6m.
Although they have said they have no interest in Jamie Vardy going the other way in a part-exchange.
Claudio Ranieri is battling to keep hold of one of his star performers, and says he is looking to add to the squad, not offload.
He said: “It’s important to have – I need, I’d like to have – two players for every position now.”
“I’d like another striker to give support to the other three because our strength is playing at high intensity and it’s not possible to play at high intensity for all the season, for this reason.”
“Everyone is reinforcing or buying players because they want to save their season or win something.”
“We want to maintain our position. I know it’s difficult but we must try.”