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Leicester closing on Depor striker Lucas Perez, Sporting defender Luis Hernandez

Leicester City are preparing a massive bid for Deportivo La Coruña striker Lucas Perez.

The Guardian says the Foxes are hoping to start an extensive summer of transfer recruitment by arranging a deal with Deportivo for their leading scorer, Lucas Pérez, that could see the Premier League champions break their transfer record and provide competition for Jamie Vardy in attack.

Claudio Ranieri also confidently expects to bring in at least one more player from Spain with Leicester in advanced negotiations to finalise a free transfer for Luis Hernández, a central defender from Sporting Gijon.

Hernandez will help provide cover for Wes Morgan and Robert Huth.

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