Leicester City will need to use their transfer budget wisely this summer. New Leicester City manager Steve Cooper faces a daunting assignment ahead of the 2024/25 Premier League season. Star midfielder Kiernan Dewsbury-Hall has already left the club to rejoin former Foxes manager Enzo Maresca, who resigned following Leicester City’s Championship-winning season. Cooper’s efforts to complete his first summer signings, however, have not been hampered as they seek to acquire a foreign defender.
The Foxes were interested in bringing Belgian defender Arthur Theate to the King Power, but they are now likely to sign Atalanta defender Caleb Okoli for more than £12 million. Despite paying a high amount for the talented Italian centre back, Leicester City will have the money to pursue additional recruits this summer. Leicester City are likely to have ‘a bit of money to play with’ in the summer transfer window. Cooper will not need to be too frugal when scouting players for the 2024/25 Premier League season.
According to the Leicester Mercury, the former Nottingham Forest boss will have a budget of around £50 million to spend this summer. According to Jordan Blackwell of the Leicester Mercury, the expected price is around £50 million.We know they’re about to spend £14 million on Fatawu, and they’ll need a few more additions to get the squad ready for a struggle for survival. “With the guarantee of Premier League TV payouts throughout season, there will be some money to play with. “But the club are still reeling from relegation, they’ve still got a big wage bill to deal with, and they’ve still got to be mindful of PSR going forward.”
Will Leicester City’s budget stretch to sign a proven goalscorer? Cooper has definitely prioritised defensive reinforcements, as evidenced by the players he has pursued thus far during the summer transfer window. However, the necessity for a proven goal scorer is evident this season. Despite being Leicester City’s leading scorer last season, a 37-year-old Jamie Vardy is unlikely to reach the heights of a half-decade ago, but he can still contribute from the bench.
Former Barcelona striker Martin Braithwaite is presently a target, with a rumored fee of £500,000, but he has little experience in the Premier League. Although PSR may limit their capacity to go above and above in recruiting established Premier League talent, the necessity for a striker at the King Power Stadium is critical. Following the probable arrivals of Abdul Fatawu and Okoli, the Foxes must prioritise a striker to give them the best chance of surviving in the Premier League.
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