Leicester City are on the brink of a double transfer swoop with Newcastle winger Wayne Routledge and Liverpool full-back Paul Konchesky the clear targets.
The Mercury understands that City are in talks with Routledge and that he could become the latest arrival at the King Power Stadium within the next 48 hours.
However, reports that Newcastle have already accepted a £1.5million bid from City for the 26-year-old are premature.
The former England Under-21 international has been attracting interest from a host of clubs, and the Mercury understands there are offers on the table from QPR, where he spent the second half of last season on loan, as well as Nottingham Forest, Cardiff and Swansea.
But Routledge is understood to favour a move to City having been impressed by manager Sven-Goran Eriksson's summer spending revolution.
Konchesky is the other player reported to be moving closer to signing for Eriksson, who has been heavily backed by the club's Thai owners to the tune of six new recruits already.
Again, there have been reports that 30-year-old Konchesky has agreed a £1.5m deal – so far unconfirmed – but the full-back is desperate for a move away from Anfield where he has been left in the cold since Kenny Dalglish took charge in January.
Konchesky is known to Eriksson, who gave him his two international caps when he was England manager, and it is understood he would be prepared to take a significant cut in his reported £40,000-a-week wages.
Eriksson is still looking to bolster his defence by attempting to bring back both Miguel Vitor and Ben Mee to the club after their loan spells last season.
South Africa defender Tsepo Masilela is also with the City touring party in Sweden, where he has been undergoing a medical ahead of a proposed loan move from Maccabi Haifa.
Meanwhile, City's interest in Bristol City striker Nicky Maynard may have cooled after a source at the West Country club indicated there had been no fresh bids over the weekend.
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