MILAN, ITALY - AUGUST 17: Nigel De Jong of AC Milan in action during the TIM Cup match between AC Milan and AC Perugia at Stadio Giuseppe Meazza on August 17, 2015 in Milan, Italy. (Photo by Marco Luzzani/Getty Images)

Leicester City are in talks with Italian giants AC Milan to sign midfielder Nigel de Jong.

Italian website has reported that Leicester are willing to raise its initial bid of €3m to €4.5m to try to lure the Dutchman away from the Rossoneri.

Milan are understood to be willing to enter talks with the EPL bolters with the midfielder falling out of favour at the club.