Premier League champions Leicester City have announced their first signing of the summer on Tuesday. Spanish defender Luis Hernandez has agreed on a four-year contract at the King Power Stadium and he will join the Foxes on July 1.

The 27-year-old will be roped in for free by Leicester after his contract with La Liga side Sporting Gijon ends at the end of this month. 

A product of the Real Madrid youth academy, Hernandez played a key role for the Sporting over his four year stay, that saw the club clinching promotion to the Spanish top flight from the second division. The central defender also played his part to successfully help Sporting prevent relegation last season, as they stood 17th in La Liga.

Hernandez has featured regularly for the Spanish side, as he made a total of 140 appearances for Sporting Gijon between 2012 and 2016. His inclusion brings competition for the likes of Wes Morgan and Robert Huth in the heart of the defence for Leicester City.

Ahead of their maiden UEFA Champions League campaign, Leicester are looking to adding more firepower to their team. They are also reportedly chasing for the signature of Watford key forward Troy Deeney, who has consistently performed well for the Hornets over the seasons.

According to Telegraph, Leicester are ready to shell out £30 million to rope the player, in what will be a third bid. Watford have reportedly rejected the Premier League champions' two previous bids for the player. However, Claudio Ranieri's side are not willing to take a back step as Leicester's head of recruitment Steve Walsh has identified Deeney, 27, as a priority target.

Deeney's inclusion at Leicester could bring about some fierce competition with Jamie Vardy, who is an Arsenal target.