Leicester boss Micky Adams has revealed that he is resigned to the fact that the club will lose the services of Muzzy Izzet this summer.
He glumly admitted: "We can't afford to keep him."
Izzet has been part of the Foxes' furniture for nearly nine years, after joining the club from Chelsea back in the day when Martin O'Neill was manager.
The Turkey star will be out of contract at the end of the season, and Adams says the club will not have enough financial clout to hang on to the midfielder.
The player nearly quit the club when they were relegated from the Barclaycard Premiership two years ago, but decided to stay and help the club fight for promotion, opting out of a £6million move to Middlesbrough.
Adams added: "Muzzy is going to go - but we are not sure where he is going to go. There are a number of interested Premiership clubs.
"I would like to keep Muzzy but we can't afford to keep him and he goes with our best wishes.
"No-one can question the commitment he has shown to the club. He has done well out of the club and also done well for the club."