Leicester City are believed to be on the verge of signing West Brom striker Chris Wood in a deal worth up to £2million.
It is understood that the New Zealand international had a medical at the King Power Stadium yesterday with a view to joining the club when the transfer window opens in January.
The initial transfer fee is believed to be £1.25m with £750,000 in add-ons and bonuses.
The 21-year-old is currently on loan at Millwall and has scored 11 goals in 19 appearances for them this season.
Lions manager Kenny Jackett was also keen on signing the striker permanently once his loan spell ended.
It is believed Millwall have had a bid accepted, but Jackett is said to be resigned to losing the striker.
Wood will, hopefully, add some much-needed firepower to City's strike-force.
Their 0-0 draw at Hull on Boxing Day was the third game in a row that Nigel Pearson's men have failed to find the back of the net. In his press conference, Pearson was reluctant to give anything away.
"As I always do, I don't join in with the speculation until any business is done," he said.
"So until there is something positive to report, I think you do that at your own peril.
"If the right players are the available and we can do it, then yes (there will be business), but I'm not going to bring players in for the sake of it.
"We've got players who are capable of scoring goals at the club. At the moment, we've not been taking our chances – we have created quite a few chances in the last few games and not taken them."