The Dane has returned to Manchester City after his loan spell ended yesterday but with places at Eastlands hard to come by, Schmeichel is expected to be leaving next week.
Cit'y price on reflection might seem low to some, but is about the going rate for a young custodian who made nine appearances for the Sky Blues and has been watched by a number of clubs including Aston Villa.
Certain sections of the media continue to link the Sky Blues with Fulham players. 35 year old Brian McBride is the latest to be linked following the likes of Healy and Bocanegro.