Football finance expert Kieran Maguire has undertaken an analysis of top-flight clubs with estimations over what each club could spend while staying within the FFP limit.
Leicester City will be able to spend a total of £79 million in the upcoming transfer window, according to calculations around financial fair play.
The limits allow clubs to make a loss of £105 million over three years, with that made up by owners.
However, other factors such as profits, offsetting expenses against capital and football development projects can increase that margin.
Making the calculations for the Daily Mail , Maguire has concluded that City can have the thirteenth biggest budget with wiggle room of £79 million.
That is just a bit less than Man City, who have a £84 million limit and more than West Ham who have a limit of £71 million.
City spent in the region of £55 million in the summer window just gone, with Paston Daka, Boubakary Soumare, Jannick Vestergaard all costing City money.
Ryan Bertrand and Ademola Lookman also arrived at the club on a free transfer and a season long-loan.
The summer recruitment as well as the return of James Justin and Wesley Fofana from long-term injuries mean that City are not likely to be desperate for any new arrivals during the January window.
That has not stopped City from being linked with players such as Mohamed Elyounoussi and Luis Alberto.
While City have a limit of £79 million, the likes of Arsenal, Chelsea, Man United, Liverpool and Tottenham will have a much bigger budget.
Calculations show that the Gunners could have a budget of up to £201 million with Tottenham able to spend a total of £400 million, the biggest ‘wiggle room’ limit in the Premier League.