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Tom Cannon 'price set as Leicester City stance revealed' on Stoke City loan man

Tom Cannon scored four goals in Stoke's 6-1 demolition of Portsmouth.
-Credit:Nigel French/PA Wire


Tom Cannon’s would-be January suitors have been told how much it will cost them to wrest the loan striker away from both Stoke City and parent club Leicester.

That is according to transfer expert Alan Nixon, with the Sun journalist claiming £7m will be enough to convince Leicester to recall 11-goal Cannon from Stoke and then sell him to a rival club, at this stage reckoned to be promotion hopefuls Sheffield United.

Nixon writes: “Blades boss Chris Wilder is being backed by the club’s new owners to take Cannon and fire his side to the Premier League. But the deal has to be done fast as Leicester must decide on recalling Cannon from Stoke by midnight.”

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That is midnight tonight - but it is an arbitrary deadline and a Cannon keen to push through a deal anytime before the February 3 deadline for January transfers would be likely to get his way.

Stoke have responded to the prospect of losing Cannon by recalling their own loan hotshot, teenager Nathan Lowe, who has bagged 18 goals and set up another seven in 30 appearances for Walsall in League Two.

However, Nixon does not completely rule out his chances of staying at the club, adding in his report: “Cannon is settled in the Potteries, but a chance to shoot a side to promotion and earn a big move may be too good to refuse.

“Stoke would also like to keep Cannon, but their promotion chances are slim compared to their rivals.”

Leicester, who today learned that they will not face any PSR penalties over player spending during their most recent accounting period, are said to be willing to let Cannon go on a loan to buy arrangement, but any club willing to buy the 22-year-old outright are likely to clinch a deal.

It was thought they would want at least £10m for a player costing them in the region of £6m when he was signed from Everton in the summer of 2023, but that figure now appears to have been revised downwards.

Sadly for Stoke, their own FFP concerns mean it is still too rich a figure for them to contemplate their own deal for Cannon this month - although that could change if they can hold on to the player until May.

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