Claudio Ranieri 'has £1m buyout clause'

Claudio Ranieri could reportedly be prised away from Leicester City for less than £1m.

The Italian took over at the King Power last summer in a three-year deal and has led the Foxes on an unlikely charge toward the Premier League title.

According to The Sun, however, a clause in his contract means that he could leave the East Midlanders for a relatively small sum.

In recent weeks, Ranieri has been linked with the Italy national job with current manager Antonio Conte destined for Chelsea after the Euros.

Ranieri dismissed the speculation today, however, insisting that he was "only concentrated" on Leicester.