Leicester have set their sights on the rest of Iceland after Swansea rejected their £40m offer for Gylfi Sigurðsson.

According to reports, Craig Shakespeare’s Foxes will have to stump up £30m to sign the other 330,822 Icelanders and all of their nation’s natural resources.

Speaking exclusively to Football Burp, Shakespeare hailed the outstanding value of the deal.

He said: “£30m might seem like a lot of money but it’s pretty par for the course in the current market.

“And it’s outstanding value when you consider we’ll be getting 330,822 players, albeit the vast majority of those are not professional footballers.

“Nevertheless, it will be good to pad out the squad a bit, what with Riyad Mahrez probably going to Arsenal or something.”

Sigur Rós were unavailable for comment.