Leicester City could be set to miss out on a long-term transfer target with FC Porto midfielder Otavio apparently edging closer towards securing a stay in Portugal.

The Brazilian international is out of contract at the end of the season, with recent reports suggesting that the Foxes were interested in swooping for his services on a free transfer.

However, Gianluigi Longari of TuttoMercatoWeb has now reported that the midfielder has been offered a new four-year deal with the Dragons, an offer which he is considering, potentially killing any chances of a deal with Leicester.

Despite the fact that the Foxes would be missing out on a supremely talented player, there could well be a benefit at the King Power Stadium, and that is concerning the future of Sidnei Tavares.

Having recently been awarded with his senior debut in the East-Midlands in the respective absences of James Maddison and Dennis Praet, he could further establish himself in the squad should he continue to impress.

So far, he has made three appearances for Leicester, two in the Premier League and a further cameo against Slavia Prague in the UEFA Europa League.

With Otavio potentially not arriving, that could, in theory, give him far more opportunities in the Foxes set-up next season should they not look for an alternative in the transfer market.

It would of course be no surprise to see that happen considering that boss Brendan Rodgers has already been waxing lyrical about Tavares’ “big potential”.

Increased opportunities then, could even convince him to sign a new contract with the club, with the Portuguese’s current deal also expiring at the end of the campaign.

So, whilst missing out on long-term target Otavio might wrangle with Rodgers and the hierarchy at the King Power Stadium, Tavares could actually see it as his opportunity to stake a claim at the club.

AND in more news, take a look at which Foxes' misfit is deserving of a second chance at the King Power Stadium next season...