Deals get lined up and don't happen for many reasons. Most of the time it doesn't even make the press although with social media and 24hr TV/Radio sport channels it's harder to keep stuff quiet these days. Leicester have tracked Deeney for a while. Can't see him coming this window unless others are shifted out.
In terms of a fee for him, he's more valuable to Watford than he is to us. He wasn't happy last season, for various reasons, but then neither were a few of his team mates, mainly due to the manager. They were talking £18m in January. Watford have just signed Andre Gray for £18m. Gray scored 9 league goals last season. Deeney scored 10 league goals last season. Gray's 26, Deeney is 29, not a massive difference.
I find it jaw dropping when I read he's "past his best" - how do they know that or is it just an opinion? In my opinion I think he's a much better all round footballer than some of our fans give him credit for and think he'd link up well with Vardy.