Leicester City want Crystal Palace, Watford stars?

Leicester City manager Claudio Ranieri has reportedly sanctioned a £40m summer raid on Premier League rivals Crystal Palace and Watford.

It is widely expected that Ranieri will look to bolster his squad over the coming months as the Foxes prepare to defend their title and play in the Champions League for the first time in their history.

According to The Sun, Palace winger Yannick Bolasie is of particular interest to the Leicester boss.

The report adds that Ranieri is prepared to part with around £20m to tempt the DR Congo international to swap London for the East Midlands.

Further news from the outlet claims that Watford's £20m-rated skipper Troy Deeney is also on Ranieri's radar.

Yet, it is believed that the striker would take some convincing to leave Vicarage Road, where he is a highly-respected figure.