Watford remain determined to keep Troy Deeney and have reiterated that he is not for sale as Leicester City continue to track the striker.
The Hornets have rejected two bids for their captain from the Foxes after turning down Leicester's latest offer of £25 million offer at the weekend, PA Sport reports.
The Premier League champions are yet to return with an improved offer but Watford have no desire to allow Deeney to leave Vicarage Road, especially given they would owe Walsall 25 percent of any profit over the £500,000 they bought the forward for in 2010.
Deeney scored 15 goals last season as the Hornets comfortably survived in the Premier League following promotion from the Championship in 2015.
Leicester have held a long-time interest in Deeney, who turns 28 next week, and he is not a replacement for Jamie Vardy should the England striker join Arsenal.
The Gunners activated his £20 million release clause but Vardy, on international duty with England at Euro 2016, has stated he will not make a decision until after the tournament -- although Arsenal boss Arsene Wenger admitted at the weekend he expects him to stay.
Leicester will sign Sporting Gijon defender Luis Hernandez on a free transfer when his contract in Spain expires while they are also hopeful of signing Nice defensive midfielder Nampalys Mendy.
The 23-year-old is not a replacement for N'Golo Kante as the Foxes do not want to sell the France international but Gokhan Inler is expected to leave with the club holding talks with his agent about his future after just a season at the King Power Stadium.