Waghorn set for Hull loan as Foxes look to Johnson

Exit: Waghorn's stock has fallen at Leicester 

Martyn Waghorn's exit from the King Power Stadium is set to be completed in the next few days as he will move to Hull City on a six-month loan deal.

Originally reported by the Daily Mail yesterday, sources close to the club have confirmed that Waghorn, who moved permanently to the King Power Stadium for £3 million a year ago, will rejoin his former manager Nigel Pearson at the KC Stadium this week. Leicester City boss Sven Goran Eriksson confirmed after the Foxes' win over Southampton on Saturday that Waghorn was being allowed to speak to other clubs as he does not feature in the Swede's plans.

Meanwhile, Eriksson's hunt for an alternative striker continues with the news that a £4 million bid for Fulham's Andy Johnson has been accepted by the London club. The former England striker has netted three times in Europe this season as the Cottagers qualified for the group stage of the Europa League and has been linked heavily linked with a move to the Championship in the press.

News of a possible move for Everton's Yakubu have resurfaced, whilst Manchester United's Federico Macheda has also been linked with a potential deal at the King Power Stadium. Certainly, another move ofr Yakubu after his successful spell in the East Midlands towards the end of last season would be a popular move amongst the Foxes' faithful.

There are just two days remaining in the summer transfer window, but both Eriksson and Football Director Andrew Neville have been interviewed in the past week and confirmed that the signing of a striker is 'close'.