By Tom Blackburn

Leeds will receive 10% of the supposed £17million transfer fee if Kasper Schmeichel moves from Leicester to Everton, according to a report.

The Yorkshire club sold Schmeichel to Leicester in the summer of 2011 for shy of £1.5million and could make a big profit on the Dane.

Football Insider reported on Monday that Everton were lining up the spectacular deal as they search to replace Tim Howard.

The Yorkshire Evening Post claim the Whites placed a 10 per cent sell-on clause in any future transfer of the goalkeeper away from the King Power Stadium when they sold him and that would amount to £1.7million i he was sold for the reported fee.

Leicester have already tacitly acknowledged that they may be without the shot-stopper next term and last month signed German World Cup winning goalkeeper Ron-Robert Zieler.

Son of Manchester United great Peter Schmeichel, the former Leeds keeper conceded just 38 times in 36 league appearances with 15 clean sheets.

Leeds in turn have announced England veteran Rob Green as one of three new signings since Wednesday, with Kemar Roofe and Matt Grimes also being announced.

That flurry of signings may come as little consolation to Leeds fans though, after it was reported that ace youngster Lewis Cook may be on his way to Bournemouth for £6million.

In other Leeds news, their fans have reacted to a whirlwind 10 days that have seen five new signings.