Brighton & Hove Albion have accepted a £7 million offer from Leicester City for their striker Leonardo Ulloa, according to Sky Sports.
The 27-year old striker has been subject to interest from the newly promoted Premier League side for some time now and they have agreed a fee on their fourth attempt.
Ulloa has been a fan favourite at the Amex Arena since joining in January 2012 for £2 million from Almeria and has gone on to score 26 goals in 56 appearances.
The deal is set to break Leicester’s current transfer fee record that has stood since the signing of Ade Akinbiyi in 2000 for £5 million from Wolves.
Leicester manager Nigel Pearsons hasn’t declined the thought of a ‘marquee signing’ but has denied reports that he will spend big as he attempts to improve his squad for their Premier League return.
Ulloa will become Leicester’s fifth summer signing following the additions of Jack Barmby, Ben Hamer, Matthew Upson and Marc Albrighton all on free transfers.