Skysports.com understands Brighton have won the race for Peterborough striker Craig Mackail-Smith.
Leicester looked to be favourites to sign Mackail-Smith after having a fee agreed, but it appears the Seagulls have stolen a march on their Championship rivals to land the coveted striker.
Brighton are understood to be in advanced talks with the player about making the move to the AMEX Stadium.
Peterborough have been resigned to losing the Scotland international and a number of clubs have been chasing his signature.
Mackail-Smith is one of the most sought-after players in this summer's transfer market following his goalscoring exploits for Peterborough over the last couple of seasons.
West Ham also saw a bid accepted, while QPR and Norwich have been credited with an interest in the free-scoring forward, but Brighton have illustrated their ambition by moving for Mackail-Smith.
Seagulls boss Gus Poyet believes their bid shows the club means business as they look to build on their success of last season.
"Other clubs have three, four, or five times our budget, but, if we are going against Leicester and West Ham and being strong, that shows our ambition," Poyet told The Argus.
Mackail-Smith's signing would be a massive coup for Brighton as they prepare for life in the Championship next season.