Leicester striker Vardy has been linked with a switch to Chelsea, with Antonio Conte eager to make more additions to his squad before the 11pm deadline of the transfer window next Thursday.
A bid is supposedly in the pipeline for Vardy, who rejected a move to Arsenal last summer.
Conte is also keen on signing Vardy’s team-mate Danny Drinkwater, although Leicester are demanding a fee of £40million for his services.
But Fleetwood could be in the money if Vardy completes a move to Stamford Bridge.
Fleetwood Today say Fleetwood would receive a significant fee, as the 30-year-old has a 20 per cent sell-on clause in his contract.
Vardy’s old club Halifax would also be entitled to a chunk of the money from the sale too.
Fleetwood’s chairman Andy Pilley said: “There is potentially a hugely significant sell-on if he was to move for the kind of figures that are being speculated about.
“I think it is impossible for us to say how we would spend any sell-on money because it has not even happened.
“I don’t think it is even right to spend money before you have it.
“It would be a pleasant problem and we watch with great interest the developments at Stamford Bridge and the King Power Stadium.”
