Leicester City reportedly made an enquiry for Everton midfielder James McCarthy, and the Foxes learned that they will have to pay £25m in order to sign the Republic of Ireland international this summer.
McCarthy, 26, missed the majority of last season with a hamstring problem, but is expected to be fit for the start of the new campaign.
According to the Daily Mail, Leicester boss Craig Shakespeare is a big admirer of the midfielder, but is baulking at Everton's £25m asking price after approaching the Toffees in this summer's transfer window.
Newcastle United, West Bromwich Albion and Crystal Palace have previously been linked with a move for McCarthy, who has earned 41 caps for his country.
The midfielder joined Everton from Wigan Athletic in 2013 after four years at the DW Stadium.
