Leicester City have moved to quash rumours that star striker Jamie Vardy has a £30million buy-out clause in his contract.

Sky Sports is reporting club sources have confirmed the England international does not have a buy-out clause in the new contract he signed with the Foxes in February.

Vardy is currently the Premier League's leading scorer with 19 goals and has been a key figure in Leicester's rise to the top of the Premier League table.

The 29-year-old reportedly earns £80,000-a-week from his new deal with the Foxes, which is set to keep him at the King Power Stadium until 2019.