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Leicester City are set to sign Sevilla midfielder Vicente Iborra in a deal worth around £12million, according to reports in Spain.

The Spanish club have now received a second bid of 14m euros (around £12m) only 48 hours after a first bid of 12m euros (£10.5m) from City was rejected on Friday.

Iborra, who played in both legs of the Champions League tie against City last season, arrived at Sevilla on a five-year deal from Levante for 6m euros in August 2013.

The 6ft 3in is apparently determined not to demand an exit but is tempted by the bigger salaries on offer in the Premier League, according to the respected Spanish media outlet Marca.

They report that Sevilla are ready to accept the 29-year-old’s departure and expected a deal to be done “in the coming hours.”

Marca report; “Naturally, the La Liga side are disappointed to lose a player of his magnitude both out on the pitch and in the dressing room, but have already formulated plans to sign a replacement.

“Diario de Sevilla suggest that man could be Guido Pizarro, nearing a transfer from Mexican club Tigres for 5.3m euros.”

Iborra came on as a substitute in City’s away leg in Sevilla and played the full 90 minutes in midfield of the return leg at the King Power Stadium.