Milan to back Holloway for raids on Derby, Sunderland and Cardiff

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Mandaric is also ready to bankroll an offer for Cardiff's versatile Tony Capaldi to underline his belief that Holloway is the man to deliver a Barclays Premier League place within three years.

Target man: Ian Holloway is planning a move for Derby's Steve Howard

Leicester are prepared to offer £1.25million for Howard and £1.35m as a joint offer for Kavanagh and Fulop, who has been on loan since August.

After seeing his side concede a late equaliser to Charlton, Holloway insisted: "It doesn't take a genius to see that one of the things we need is a centre forward."

Skipper Stephen Clemence put Leicester ahead with a 78th-minute header but former Leicester centre back Patrick McCarthy equalised 40 seconds from the end with a goal he refused to celebrate despite being booed throughout by home fans.