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Newcastle's shock £40million bid for Leicester's James Maddison is rejected by the Foxes

Newcastle United have bid £40million to secure the services of Leicester City star James Maddison, according to reports.

The Foxes have rejected the offer and are instead offering the midfielder an improved contract to convince Maddison to stay at the club.

According to The Telegraph, The Magpies submitted the offer on Friday, but the bid was instantly turned down and Newcastle are now debating whether to go back with a bigger bid.

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James Maddison has been the subject of a u00a340 million bid from Newcastle United this week

James Maddison has been the subject of a £40 million bid from Newcastle United this week