By Tony Hughes

Leicester have won the race to sign Demarai Gray after having a bid accepted by Birmingham for the teenage sensation, Football Insider sources understand.

The winger, 19, has been monitored by a number of Premier League clubs this season including ­Tottenham, Aston Villa and Southampton.

But a source close to the situation has told Football Insider that Leicester have had a bid accepted for Gray and he will move to the King Power Stadium in the January transfer window.

It has been reported that the 19-year-old has a £3.75million January exit clause in the three-year contract he signed last summer.

Leicester have put in a lot of groundwork to beat their rivals to Gray’s signature, with Football Insider revealing on Friday that the Premier League high flyers are increasingly confident of tying up a deal this month.

Birmingham manager Gary Rowett has been resigned to Gray joining a Premier League club, although he has said that he hoped to keep the player until next summer.

Big hitter: Gray could be joining Riyad Mahrez at Leicester

Big hitter: Gray could be joining Riyad Mahrez at Leicester

“I think Dimmy is the most obvious one that sooner or later is going to go to a Premier League club,” Rowett said. “We hope it’s later, and maybe not in this window – again that’s going to be out of my control – but certainly I would hope that we wouldn’t lose any of the other players.

“We are looking to strengthen rather than weaken and that’s the message that we are trying to get across.

“Should this be the window that the right Premier League club comes up for Dimmy – and it’s something that’s attractive for him and the finances work for the Club – then within that, it would give us some money to go and build a little bit again.”

Gray has established himself as a key player at Birmingham this season, starting 22 of the club’s 24 Championship matches.