
The 16-year-old is one of Josep Guardiola's success stories with the FC Barcelona youth squad and reserve team, and is the son of former Brazilian international and Celta Vigo stalwart Mazinho.
A versatile central midfielder, Thiago has represented Spain at U-17 level on the international stage alongside Bojan Krkic, who has already made the step up to first team football from the culer youth side.
Ranieri may feel that signing a youngster is an affordable way to build his side for a long-term return to the upper echelons of European football.
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