Leicester lead the way in Championship spending

Last updated : 08 July 2011 By Forest

As one former England manager says he shares the 'frustration' of supporters over the lack of new signings at his club, Steve McClaren may be looking enviously at his predecessor in the national team job.

Hiring Sven Goran Eriksson is never the cheap option and Leicester City are certainly backing their boss in a big way this summer.

Matt Mills became the latest pre-season arrival for the Foxes when signing from Reading this week for a fee of £4.5m which could rise by a further £1m.

And the spending is unlikely to stop there as Leicester continue to pursue striker Nicky Maynard, also linked with Nottingham Forest over the close season.

Bristol City have turned down a bid worth £4.75m for the player but are preparing themselves for further interest.