TBR Football can now provide the latest on Bilal El Khannouss amid interest from Crystal Palace and Tottenham.
There has been a twist involving the Morocco international at Leicester.
TBR Football understand Crystal Palace were in pole position to sign El Khannouss as a deal for Yeremy Pino also nears completion.
The African forward was understood to be keen to play under Oliver Glasner.
Tottenham also made an approach for El Khannouss after Arsenal hijacked a deal to sign Eberechi Eze.
Graeme Bailey – Chief Correspondent for TBR Football – can now confirm the latest on Bilal El Khannouss amid a tense situation at the King Power Stadium.
Exclusive: Crystal Palace and Tottenham have backed away from Bilal El Khannouss as disagreement emerges at Leicester
We understand Leicester are hoping to sell the Moroccan to a Saudi Pro League side.
The Foxes believe they can earn over £40m by pushing El Khannouss towards Saudi Arabia, although the 21-year-old himself would prefer to stay in the Premier League.
Crystal Palace and Leicester had agreed a fee in the region of £32m for the attacking midfielder, but the Eagles and Tottenham are now stepping away as the Foxes try to receive over £40m instead.
Sources inform TBR Football that Leicester feel El Khannouss will change his mind and are sticking to their valuation.
The possibility of the man born in Strombeek-Bever staying at Leicester also cannot be ruled out.
Crystal Palace now working on Reiss Nelson deal as decision made over Raheem Sterling
As Leicester hold firm over El Khannouss, Crystal Palace are now speaking to Arsenal about Reiss Nelson.
TBR Football understand Crystal Palace were informed about the Arsenal No.24 last week, and he feels a move to Selhurst Park would be beneficial for his career.
The Eagles and the Gunners are now discussing a £15m move for Nelson, who Fulham also considered after taking the 25-year-old on loan last season.
However, the Cottagers are currently focused on signing Kevin and Samuel Chukwueze from Shakhtar Donetsk and AC Milan respectively.
Fulham – like Crystal Palace – considered Raheem Sterling, but both London clubs have told the England international they are pursuing other targets.
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