Southampton are preparing to sell their star midfielder Shea Charles, with Leeds United set to launch a formal bid for the 22-year-old. The Saints are still reeling from the spy-gate scandal that saw them expelled from the Championship playoffs, and are now facing an exodus of talent. Leeds United are looking to take advantage of Southampton's situation, and are set to back Daniel Farke with a number of reinforcements. The Whites are preparing to enter their second season back in the Premier League, and are desperate to avoid a serious case of second-season syndrome. Shea Charles has just one year left on his current contract, and an extension does not look likely. The midfielder would provide Farke with a formidable foundation to become an established Premier League side. Leeds United are reportedly set to pay £20m for Charles, which could be a cut-price deal. The transfer would make perfect sense for Leeds, who are looking to strengthen their squad. Southampton's decision to sell Charles is likely due to their financial situation, as they look to recover from the playoff expulsion. The Saints are facing a tough summer, with several key players potentially leaving the club. Leeds United are set to take advantage of the situation, and are preparing to launch a formal bid for Charles.