The Daily Mail claimed the Foxes are considering a loan move for Lyndon Dykes, who can play as a number 9 or number 10, adding that Dykes could be within their budget. Birmingham City reporter Alex Dicken stated Dykes was close to leaving Blues in the summer when Hibernian were interested and that it was always likely he would leave in January. There is some frustration on Dykes' part over playing time and Blues are happy for him to pursue that elsewhere now.

According to the Daily Mail, Leicester City are one of a number of Championship clubs interested in Lyndon Dykes, with Charlton being the frontrunners. Dykes wants to leave Birmingham this month to increase his chances of making Scotland’s World Cup squad. Playing time at Birmingham has been limited for Dykes, who has started just two Championship matches this season. He was omitted from their squad for the FA Cup victory over Cambridge at the weekend, and Birmingham manager Chris Davies seemed to suggest that Dykes would be permitted to leave.

Leicester City are interested in signing Lyndon Dykes on loan from Birmingham City, a move which could affect Charlton Athletic, who are still hopeful of signing the striker. Leicester are attempting to sign the 30-year-old Scottish international on a temporary deal. However, a deal may be complicated, as Leicester's financial situation may require departures before any new players can be signed. Football League World exclusively revealed that Birmingham will not permit Dykes to leave until a replacement is found. The player is reportedly seeking more game time ahead of the World Cup, as he has mostly featured from the bench this season. Leicester manager Marti Cifuentes is said to be keen to strengthen his attack. The striker, who has 48 caps and 10 goals for Scotland, joined Birmingham City in August 2024 for a reported €1.2M and his contract runs until June 2027. In the current Championship season, he has 2 goals and 1 assist in 21 appearances. Transfermarkt estimates his market value to be €1.00m.