New Deal: Leicester City completed an aggressive £17 million transfer offer in January in a bid to defeat Chelsea and Liverpool.

Current Leicester City news as Sao Paolo defender Lucas Beraldo’s transfer request is denied

The rumored Leicester City’s pursuit of Sao Paulo defender Lucas Beraldo has taken a hit.

A bid for Beraldo is reportedly being prepared by City ahead of the January transfer window; Chelsea and Liverpool are reportedly involved as well. The Brazilian team has stated that they do not need to sell, but a reported £17 million bid could make a difference.

Journalist Alexsander Vieira claims that Sao Paulo will now have to wait for as many offers as possible in order to increase Beraldo’s market value. That could imply that Leicester will have to wait until the end of the following month, or possibly not until the summer.