Claudio Ranieri will be given more than £30million to spend in January as Leicester’s owners move to revive the Premier League champions’ season.

Ranieri has been assured of significant funds and is targeting at least three new signings, with Racing Genk’s Wilfred Ndidi to be the first arrival of a New Year spending spree.

Ndidi, 20, will officially complete his £14million move in the first week of January after agreeing a five-year contract and the defensive midfielder is seen as a huge coup by Leicester’s recruitment team.

But Ranieri is also preparing to bring in further signings to help Leicester avoid the prospect of a relegation battle, with a centre-half, central midfielder and striker seen as priority positions.

Leicester have scouted Burnley defender Michael Keane over the past 12 months but are understood to now be focusing on the foreign market, despite a number of underwhelming signings from abroad in the summer.