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Craig Shakespeare cast aside as Leicester City eye a 'big name'

As well as the Silva debacle, there have been large amounts spent on the likes of Islam Slimani, Vicente Iborra and Ahmed Musa, although precious little improvement in the overall quality of the squad. Losing Danny Drinkwater to Chelsea and then failing to get the Silva deal over the line has also affected Leicester.

The club had also pledged to secure England Under-21 Demarai Gray to a new contract but two weeks after Shakespeare said the deal was imminent, it has still not been announced. Shakespeare had just one win in the league this season with the club now in the relegation zone.

In a statement on the club website, Vichai’s son Aiyawatt – also known as Top – said that Shakespeare had not developed as a manager in the way the club had hoped. The Leicester vice-chairman said: “Craig has been a great servant to Leicester City – during his spells as an assistant manager and since taking over as manager in challenging circumstances in February. His dedication to the club and to his work has been absolute and the contribution he made to the most successful period in Leicester City history is considerable.

“However, our early promise under Craig’s management has not been consistently evident in the months since and the board feels that, regrettably, a change is necessary to keep the club moving forward – consistent with the long-term expectations of our supporters, board and owners. Craig is and will remain a very popular, respected figure at Leicester City and will be welcome back at King Power stadium in future, both professionally and as a friend of the club.”