Leicester City have rejected a significant offer for teenage midfielder Louis Page and are set to demand a fee in excess of £13.3m for the academy graduate in the January transfer window. The 18-year-old has become a key figure for the Foxes this season and scored his first senior goal in last Friday's 4-2 win over Oxford City.

Manchester United submitted an offer worth more than £12.5m for Page on deadline day, which included a season-long loan back to Leicester and a substantial sell-on clause. The club decided against the deal. Page is now valued between £11.6m and £13.3m by the CIES Football Observatory, which rates him as the most valuable player in the Leicester squad.

Real Madrid are among the clubs reported to have scouted the midfielder, whose performances have attracted widespread attention. Page has featured in various midfield roles and is considered one of the standout performers in a squad that includes Will Alves, Emil Riis, and Jayden Joseph. His value is calculated on a model that considers the financial capacity of potential buyers, assuming full economic rights and no buy-out clauses.

His rising stock coincides with a period of improved form for Leicester, who sit 10th in League One with 19 points from 13 games, having recorded five wins, four draws, and four losses. The team has won three of its last five matches, a run of three wins, one draw, and one loss, and is currently on a two-game winning run. This includes the recent 2-1 victory over Walsall on Tuesday 10 November, where goals from John Lundstram and Will Smallbone secured the points after going a goal down. Top scorer Emil Riis has six goals in nine appearances this season, contributing to a total of 22 scored by the side, which has conceded 19. Page opened the scoring in the 4-2 Oxford City win on Friday 6 November and provided two assists, underlining his growing influence.

The club's academy at Seagrave continues to produce talent, with Page joined by the likes of Tommy Neale and Riley Carr in breaking into the first-team picture. Leicester's next challenge is a home fixture against 7th-placed Bradford on Saturday 14 November. The club's position in the league table and the 10-point gap to leaders Huddersfield provides the backdrop for their transfer strategy, which now centres on protecting a major asset.

More detail at Leicestershire Live