Leicester City have cooled their interest in signing Youri Tielemans from AS Monaco because of the French club’s asking price of £40 million, according to a report from The Telegraph

The Belgian midfielder joined the Foxes on loan until the end of the season during the January transfer window. 

Having been key for Claude Puel upon his arrival, Tielemans continued his development under Brendan Rodgers and emerged as a fans’ favourite in his short stint at the King Power Stadium.

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Leicester had been expected to pursue a permanent deal for the former RSC Anderlecht star, but it seems Monaco’s valuation of the youngster has led them to reconsider. 

Tielemans is understood to be valued at a huge £40 million, which would smash the Foxes’ current transfer record. 

The Telegraph’s report indicates that Leicester could be keen to use this type of money to add further reinforcements to different areas of their squad, instead of spending big on just one player, despite the midfielder’s exploits on loan.

Midfielders who Leicester should consider signing if they miss out on Tielemans