Tottenham will need more than £50m to sign James Maddison.

James Maddison will be allowed to leave King Power Stadium this summer. Photo: Reuters/Andrew Cooldridge

Tottenham Hotspur are poised to sign James Maddison but have been warned that the transfer fee would be in excess of £50m.

Maddison is a priority target for new Tottenham manager Ange Postekoglou , and the England international will be sold this summer following Leicester. relegated to the Championship.

The attacking midfielder has just over a year left on his contract, and Postecoglu has given his new club the green light to make an offer this month.

Leicester, however, are willing to demand a sizeable fee , and it is known that their original asking price is over £50 million.

While there is acknowledgment that Maddison may be leaving the club, Leicester insists that his market value is high due to a number of factors, including his stats, position and «homegrown» status.

After signing Maddison to a £25m total from Norwich City in June 2018. Sale clause on any profits going to his former club.

With director of football John Rudkin likely to be negotiating, the summer saga may loom with Maddison, who is also a target for Newcastle United.

Tottenham are hoping Leicester will lower their original asking price but recent history shows this could prove difficult.

Leicester have been known to be in tough player sale negotiations since winning the Premier League title in 2016, raising over £320 million.

N'Golo Kante (£32m at Chelsea), Danny Drinkwater (£35m at Chelsea), Riyad Mahrez (£60m at Manchester City), Harry Maguire (£80m at Manchester United) ), Ben Chilwell (£45m at Chelsea) and Wesley Fofana (£70m at Chelsea) left for big fees and discussions often dragged on.

Leicester's traditional model is is to sell a key asset annually, and the Midlands will return to this strategy this summer after refusing to change players in the summer of 2021.

Rudkin is also working on appointing a new manager, and as he is known to have sped up the interview process this week.

Dean Smith held talks with Rudkin and Chairman Ayawatt Srivaddhanaprabha last week, which was effectively an interview, and he is still in contention for the job on a full-time basis.< /p>

Manchester City first team manager Enzo Maresca, Steven Gerrard, Scott Parker and Ipswich's Kieran McKenna are also candidates, but the transfer of former Chelsea manager Graham Potter is considered a failure after the club Dropped out of the Championship.