Veteran goalkeeper Kasper Schmeichel is set to leave Leicester City this summer.

The 35-year-old has been a mainstay for the club since signing from Leeds United in 2011.

Schmeichel was even part of the Leicester team that won the Premier League.

But he has one year remaining on his contract, and L'Equipe states that a renewal is not likely.

The source claims that Nice are set to secure his signature.

However, Leicester want to secure a replacement before allowing Schmeichel to depart the King Power.