City yesterday refused a £3.5m bid for defender and club captain, Mat Elliott.

Taylor has said that Matty is not for sale at any price, and now intends to offer Matt an improved and lucrative 4 year deal to see out his career with Leicester.

The news comes on the day that Cov look set to sign Steve Guppy from us for £680,000 (unless O'Neill steps in with a better offer which is possible according to some sources), and the day City signed striker Jamie Scowcroft from Ipswich for £2.25m.

Jamie said that one of the main reasons for signing for us, despite Ipswich being in Europe next season, was that Taylor is one of the best coaches he has worked under and also that Leicester are an ambitious club.

Jamie has been named in the squad to face Stoke tonight in Leicester's 4th pre-season friendly.

Other rumours on the transfer market revolve around F&%$£^. Having put their entire squad up for sale to raise cash, sources are linking City to an interest possibly in Bart-Williams again.

Is O'Neill pushing his luck now? Let us know your views in the Fans Forum.