Leicester City have been told that they will need to part with £30m if they are to sign Porto defender Ricardo Pereira this summer.
As reported by the Daily Mail, the Portuguese international is a highly prized asset of the Primeira Liga giants, and will hold out for the lofty asking price despite the player's contract set to expire in just one year. The Foxes are determined to strengthen their defence ahead of next season, and see the former Spurs target as a strong candidate to bolster their ranks.
Leicester boss Claude Puel is a keen admirer of the tenacious 24-year-old, having managed him during his time at Ligue Un side Nice. Porto are top of their league, and are currently locked in a thrilling three-way title race with fellow Portuguese giants Benfica and Sporting, with Pereira playing a key role in his side boasting the best defensive record in the competition.