Leicester City to offer Arsenal target Jamie Vardy new contract

As they try to keep their top scorer from their championship season, Leicester City are planning to counter Arsenal's triggering of Jamie Vardy's release clause by offering him yet another new contract. Jeremy Wilson reports in the Telegraph that despite the Foxes' final attempt to retain the striker, Arsenal remain confident that they'll be able to complete the deal.

Vardy just signed a new deal in February, in the face of an initial wave of interest. That deal included the £20 million release clause that Arsenal's triggered. There's no word on the deal Leicester plan to offer, but the competition is a £100,000-a-week four year deal with Arsenal.

Wilson says that neither Vardy nor Arsenal appear to be worried about...anything.

Vardy has been considering his future during the weekend and, although travelling on Monday with England to their Chantilly base for the European Championship, has not rushed into a definite decision. Arsenal would clearly like to complete the deal as soon as possible but are also relaxed about potentially finalising the details of the contract and even a medical after Vardy has left for France.

I'd guess this means we won't know anything for sure one way or the other on Monday, as it previously appeared could be the case. I'd also guess there are some Arsenal fans who'd prefer it if Vardy would choose this new Leicester contract over a move to Arsenal. That doesn't look super likely, though; I'm still assuming this is probably going to happen, based on all that we've seen since Friday afternoon.