ALBION talisman Leo Ulloa is about to end the saga over his future by completing a record-breaking £7 million plus move to Premier League newcomers Leicester City.

The clubs have finally agreed a fee and Ulloa is expected to finalise personal terms with the Foxes once they return today from a training camp in Austria.

Ulloa missed Albion’s 3-1 friendly defeat by Real Betis in Spain last night.

The squad fly home today but the Argentinian goalscorer is thought to have said his goodbyes and left earlier to complete his protracted switch to the East Midlands.

The news, exclusively revealed on The Argus website last night, coincides with Albion being strongly linked with Barnsley striker Chris O’Grady.

The Seagulls have reportedly agreed a fee with the Yorkshire club for the robust 28-year-old and he is said to be set for talks after returning with Barnsley yesterday from a pre-season trip to Italy.

Ulloa’s impending departure brings to an end Leicester’s determined pursuit of their top transfer target.

Albion held them off, rejecting a fourth offer last week of £6.25 million.

The Argus revealed on Wednesday Leicester’s plans for a fifth bid and a figure in excess of £7 million has been sanctioned by Albion chairman Tony Bloom.

It more than doubles the previous record fee received by the Seagulls for midfielder Liam Bridcutt from Sunderland in January and also smashes the record Leicester buy of £5 million for one-time Albion loanee Ade Akinibiyi in 2000.

Ulloa has scored 26 goals in 58 appearances for Albion since arriving on the South Coast from Spanish club Almeria for around £2 million during the January 2013 transfer window.

The target man, 28 later this month, still has three years remaining on his contract at the Amex but has become increasingly frustrated by what he regards as a lack of investment in the squad.

Meanwhile, Albion are believed to have turned their attention to O’Grady after a £300,000 bid for Sam Baldock fell well short of Bristol City’s valuation.

Barnsley’s League One rivals Sheffield United are also interested in O’Grady, who turned down a move to Charlton last month.

The father-of-three young children scored 15 goals as Barnsley were relegated from the Championship last season.

The Nottingham-born front man began his career at Leicester and Barnsley are the 11th club he has served.

He still has a year left on his contract at Oakwell.

Craig Mackail-Smith, who scored his third goal in three games against Betis last night, and rookie Shamir Goodwin are currently the only recognised strikers available to Albion boss Sami Hyypia.