The City boss offered no clues as to the identity of the player but warned some important decisions had to be made about the deal.
He told the Leicester Mercury: "We are working on something this week but if it is going to happen, I don't know at this moment. I will know in a couple of days. It is looking good, so maybe.
"It is difficult to explain. It is possible but it is more a case of whether we decide to go for it or not, as a club and me as a manager."
Source: PA
Source: PA