Grayson has came forward and announced that he expects the former City striker to agree a deal with the Bloomfield Road club in the very near future.
Although Dickovs agent revealed he had been in contact with Nigel Pearson, it seems the Scottish striker has been tempted into agreeing to end his career in the Championship rather than League One with the Foxes.
However, nothing has been set in stone and it is understood that, until Dickov has signed a contract with Blackpool, Leicester will continue their attempt to lure the veteran goal poacher to the Walkers Stadium.
Meanwhile, Alexander Tunchev is expected to make his debut for City when they meet Quorn in tomorrow nights pre-season friendly after finally securing a work permit.