Leicester have knocked back Bournemouth’s improved £25m offer for Demarai Gray, reports The Daily Mail.
The Cherries are desperate to sign Gray to bolster their offensive options and Eddie Howe is now pondering a third offer for the England U21 international.
Leicester already rejected a £20m offer from their Premier League rivals earlier in the window and will only entertain a substantial bid for Gray on deadline day.
Gray, who joined Leicester from Birmingham for £3.5m in January 2016, is desperate for regular playing time after failing to make a significant impression at the club last season.
The 21-year-old has been limited to substitute appearances in each of Leicester’s opening three Premier League games this season.
In fact, only Hal Robson-Kanu (26) has been subbed on more times than Gray (24) in the Premier League since the start of last season.