Sources confirmed on Friday that Arsenal have triggered Vardy’s release clause at Leicester as they look to bring the 29-year-old to the Emirates Stadium ahead of next season.
Arsenal are looking to speed up a move for Vardy before Euro 2016 starts next week and have scheduled a medical for Vardy before the player flies to France on Monday for the tournament.
Vardy’s release clause is £22 million for teams playing in the Champions League, and Arsenal have moved to try and tie up a move for the striker by activating the clause.
Arsenal are also ready to offer Vardy lucrative personal terms to persuade him to leave this season’s Premier League title-winners.
Leicester are reluctant to lose Vardy but are powerless to him talking to Arsenal once they triggered the release clause.
If Arsenal seal the signing of Vardy he will become Arsene Wenger’s second big-money signing of the summer following the £30m arrival of Granit Xhaka from Borussia Monchengladbach last month, as Wenger looks to build a side capable of challenging for the title next season.
Vardy scored 24 goals for Leicester last season to spearhead their stunning Premier League title success and he was named Football Writers and Barclays Player of the Season.
The former Fleetwood Town man is also set to feature for England at Euro 2016 after establishing himself as a key man in Roy Hodgson’s plans.
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