Hull City have had a £1.25m bid for goalkeeper Kasper Schmeichel rejected by Leicester City, according to reports.
The Tigers are known to be in the market for a goalkeeper after their return to the Premier League, and speculation had previously linked them with a move for Schmeichel.
However, according to the Leicester Mercury, the Foxes have turned down a bid from Hull for the Danish stopper, insisting that it will take an offer of £4m to acquire his services.
The 26-year-old has been an ever-present for Leicester over the past two seasons.