Leicester end Vardy speculation

Leicester City have ended speculation over Jamie Vardy's future by announcing the conclusion of a lucrative new deal for their star striker.

The England international, who is currently on international duty at Euro 2016 in France, has been the subject of major speculation since it was revealed that Arsenal activated a £20 million release clause in his Foxes contract.

However, Vardy declared last week he would not comment on the transfer saga until after the tournament.

The news of his indecision has forced the Premier League champions into offering the former Fleetwood Town ace a new four-year deal, rumoured to be around £100,000 a week, just six months after he penned an agreement until 2019, worth £80,000 a week.

A statement on the club's official website read: "Both parties hope that this announcement will end recent speculation regarding Jamie's future and confirm his long-term commitment to Leicester City Football Club.

"Jamie will continue to focus all of his efforts on trying to achieve success with the England team at the European Championship in France.

"There will be no further comment from either the club or the player on this matter until the conclusion of the tournament."

Vardy scored 24 goals in 36 league appearances last season to help Claudio Ranieri's side win the top-flight title in the club's history.