Atletico Madrid centre-back Mario Hermoso has reportedly rejected a switch to Leicester City.
The Foxes have been looking to bring in a new central defender, having not replaced last summer's club record sale Harry Maguire.
According to AS, Hermoso was on Leicester's radar, but the Spaniard turned down the move because he still hopes he can break into the starting XI at Atletico Madrid.
The defender signed for Los Rojiblancos last summer from Espanyol for a reported €25m fee.
The 25-year-old made just 15 league starts last season, with manager Diego Simeone favouring Stefan Savic, Felipe, and Jose Maria Gimenez. However, with Savic and Felipe both being significantly older than Hermoso, the former Real Madrid youth product could force his way into the starting lineup.
AS also stated that Hermoso rejected an offer from fellow La Liga club Real Sociedad.
Nonetheless, it seems like Leicester's hunt for a centre-back is about to end after they reached an agreement with Saint-Etienne for French teenager Wesley Fofana, as confirmed by the Ligue 1 side on their official website.
Fofana made his debut for Saint-Etienne in May 2019 in a 3-0 win over Nice.
The 19-year-old has made 20 Ligue 1 appearances, prompting the Foxes to agree a deal reportedly worth up to €40m.
The addition of a new defender will be a welcome boost to manager Brendan Rodgers. His side are currently the leading goalscorers in the Premier League, but have conceded four goals in their previous two games - with three of those coming from set pieces. If they can tighten up their defence, the Midlands side could be on for another top four push.
Fofana is set to become the third arrival at the King Power Stadium this summer, following the captures of Belgian full-back Timothy Castagne and Roma winger Cengiz Under. Castagne has made a flying start to his Foxes career, while Under is yet to make his debut in English football.