I’ve heard this from a senior person in the pigs academy structure who is a family friend. He says they are basically wasting their time with the youth setup as he wants to play the “stars” who he’s paying the big salaries to. The bloke I know has had years at other clubs with great academies and has brought through 2 or 3 of the current England squad. He says he’s basically just waiting to be told to leave now so he can retire but while they still pay him and he lives fairly local he’ll turn up for work.
I have heard that Leicester are front runners to sign him. They can afford the risk.