By Danny Wright

26th Aug, 2017 | 1:28pm

Newcastle plot swoop for £29m striker with PL rivals ready to cash in - report

By Danny Wright

Newcastle are plotting a late summer swoop for Leicester striker Islam Slimani, according to a report.

The Mirror claims that Watford are also in the hunt for Slimani, 29, who is currently facing an uncertain future at the King Power Stadium after recent developments.

The report says that the Foxes are ready to cash in on the striker if they can recoup a bulk of the money they splashed on him when he signed for £29million from Sporting CP last summer.

It is understood that Leonardo Ulloa’s new deal at the King Power Stadium has seen Slimani’s future become hazy, with Jamie Vardy, Shinji Okazaki and Kelechi Iheanacho all above him in the pecking order.

Algeria international Slimani has made 31 appearances across all competitions for Leicester since signing for them last summer, scoring 10 goals in the process – two of which came this week in his side’s 4-1 win over Sheffield United in the Carabao Cup.

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He has failed to start in either of Leicester’s first two league fixtures of the season.

Football Insider Verdict

If Leicester want nearly what they paid for Slimani, there’s no way Newcastle will be anywhere near to signing him. Rafa Benitez has been working on low funds all summer so it’s highly unlikely that they could come up with more than £20million for the Algeria international. A logical move for the Magpies would be to test the waters with a loan offer. Leicester might want to cash in on him for good, but Slimani is likely to be on big wages and they might not be able to afford that with the likes of Vardy, Iheanacho, Okazaki and Ulloa preferred over him. It’s going to be a tense few days for Newcastle fans – their club is in desperate need of a reliable source of goals.

In other Newcastle news, this Magpies defender has agreed terms with a top-flight club.

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