Leicester spark Championship transfer battle as they look to sell £7million striker Tom Cannon

LEICESTER CITY are looking to SELL striker Tom Cannon — with Sheffield United and Stoke both trying to raise the money.

The Foxes have decided to cash in on 21-year-old Cannon a year after signing him from Everton and they will seek a similar £7million fee.

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Leicester City want to sell Tom Cannon[/caption]

As the Blades are finalising a takeover, they hoped to land him on loan for a promotion push but are now working on a loan-to-buy deal.

Stoke City are also long-term admirers of Cannon — but may be reluctant to put the money down immediately for the forward.

Cannon, who has one cap for the Republic of Ireland, is under contract for four more years but wants more game time.

Last season, he only made 13 appearances in the Championship for the Foxes.

He scored two goals and provided one assist in that time.

So far in the Premier League, he is yet to play a minute and was an unused substitute in the 1-1 draw against Tottenham.

New manager Steve Cooper left the striker out of the squad ahead of the 2-1 defeat to Fulham.

The Blades are also in the market for a wideman and are battling Burnley in the chase for Celtic winger Mikey Johnston, 25.

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But if they do buy him, that would cut into their budget and reduce options for the rest of the window.

Last season in Scotland, Johnston was a regular in Brendan Rogder’s side.

He made 32 appearances in all competitions, netting nine goals and set up four more.

The Blades have already added multiple players to Chris Wilder‘s squad this summer.

The club have signed goalkeeper Michael Cooper from Plymouth Argyle and Kieffer Moore from Bournemouth.

Chelsea‘s Alfie Gilchrist and Crystal Palace‘s Jesurun Rak-Sakyi have joined the club on loan.