Harry Maguire is close to agreeing a new £75,000-a-week contract with Leicester, following Manchester United’s failed bid to sign the England defender.

Maguire and Leicester are in advanced talks over a new deal and it is understood the club remain hopeful of reaching a resolution later this month.

United manager Jose Mourinho targeted Maguire in the transfer window but Leicester were always adamant that the £17m signing would not be sold this summer.

Negotiations were initially held with Maguire’s representatives before the World Cup and were always going to continue at the start of the Premier League season, regardless of United’s interest. It is believed that United did not make any bids for the 25-year-old.

The former Hull City defender is in line for a substantial pay hike which reflects his importance to Leicester and his growing reputation in the game, following his impressive performances for England in Russia.

Leicester have already agreed a new four-year contract with Jamie Vardy and do not anticipate any probems with Maguire, who is settled at the King Power Stadium.