Burnley boss Sean Dyche is keen on the Leicester City job.
The Daily Mail says Clarets chief Dyche could cost £2.5million if King Power chiefs want to buy out his contract.
Dyche, 46, has a growing reputation in English football after turning his side into a solid Premier League side on a modest budget.
And despite their recent struggles, a move to former champions Leicester would be a step up in his managerial career.
On a personal level, the move would suit Dyche, whose family are based in Northampton.