Leicester City want to recoup £20million for record-signing Islam Slimani in the January window, Sportsmail understands.
The striker is out of favour under Claude Puel and Leicester would be open to sanctioning a sale but are demanding a significant fee.
It can be revealed Watford saw a £16m bid rejected in the summer and Leicester are in a strong position to hold out for more given Slimani has a contract to 2021.
Newcastle are interested and may have money to spend if Amanda Staveley’s takeover goes through, while Wolves are also searching for a centre-forward.