So essentially they hope Arsenal overpay and they can use that money to strengthen the squad. So if he stay those signings won’t happen it looks like. Leicester already ripped of United and Chelsea with those fees, specially Chelsea as chillwell is never a 50 million pound player.
They don't hope Arsenal 'overpay', they just have no need to sell, and therefore will only do so if they believe the fee improves both the starting 11 and the squad by allowing them to get their targets.
The £50 million fee for Chilwell was again, that high, because Leicester had no need to sell....As was with the case with Maguire.
Leicester are indeed a 'Selling Club', in the same way that every other club is, when they receive an offer that they believe is above the value of the player.
Leicester wanted Berardi this summer, but once Sassuolo made it clear they would be unlikely to sell given the situation with Locatelli, it's probably a case of waiting 12 months. Once Pereira became available though, the club feels they can add both, aswell as Kabak as a 4th choice CB, for the fee they would get for Maddison.