Leicester City boss Claudio Ranieri will let striker Leonardo Ulloa leave the club at the right price and once he finds a replacement.

Ulloa has handed in a transfer request and wants to leave the Premier League champions, but the only offer received so far is understood to have come from La Liga side Alaves.

Ranieri said: "Ulloa is still injured. He is coming back slowly. Today he had a little training session.

"I want him because he is a good player. Of course he would like to play more but I have said from the beginning unhappy players can leave.

"But the team and the club are also important. For this reason I sold Jeffrey Schlupp and Luis Hernandez because there were good offers.

"If somebody wants Leo they will have to pay. They have to pay because he is a good player and that is it."