Leicester set to be thwarted in bid for Birmingham winger Demarai Gray
Demarai Gray is set to stay at Birmingham despite Leicester's interest.
The Foxes were interested in the 19-year-old and made a move for the winger but Press Association Sport understands it is unlikely to happen.
Gray signed a new deal at the club this month and is expected to remain at St Andrew's beyond the end of the transfer window.
Leicester boss Claudio Ranieri refused to comment on any bid but admitted he admired Gray.
He said: "I don't speak about speculation, only when a player arrives. There are some good players like him but it is not only him. We are looking around at everything."
Birmingham turned down several offers from Bournemouth - the final bid rising to £5million with add-ons - in January.
Gary Rowett is determined to keep the England Under-20 winger who made 43 appearances, scoring six goals, for Blues last season.
Ranieri is looking for wide men despite the impressive form of Riyad Mahrez and Marc Albrighton at the King Power Stadium.
Mahrez has scored four goals in his first three games of the season but Ranieri is looking for back-up, despite having no intention of selling the Algeria international.
The Foxes go to Bournemouth on Saturday after an unbeaten start in the Barclays Premier League which sees them sit joint second.
But Ranieri warned against getting carried away following their start and reiterated his survival target.
He said: "Now we must stay calm, continue to fight. Our goal is to reach 40 points as soon as possible.
"Everyone now is smiling but it's my job to remind everyone there are smiles and bad moments. Remember the bad moments now so you have the right balance. When we lose we remember the good moments."