Leicester City have a bargain with £2m striker Chris Wood, says Craig Shakespeare

Leicester City have got an absolute bargain in new striker Chris Wood, assistant manager Craig Shakespeare believes.

The 21-year-old New Zealander has already begun to repay the faith City have displayed in, by signing him from West Bromwich Albion in a deal believed to be worth £2million, with three goals in his first two games.

Wood set them on their way to their 2-0 FA Cup third-round victory over Burton Albion on Saturday after just three minutes when he chested down Paul Konchesky's pass, out-muscled a defender and poked it past the advancing keeper.

"He is a bargain at the moment in terms of his goals, but I think his overall play is very pleasing as well," said Shakespeare.

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"His movement for a big man and his link-up play are good, and when you look around at value for money at the moment we are very pleased with the acquisition.

"It was a well-taken goal. It was the first time we had looked to play a forward pass.

"I know it was very early on but the presence we had up front, the movement of Chris and the ball from Paul were excellent. It was a very clinical finish."

Wood was partnered in attack by fellow targetman Marko Futacs, who made his first start of the season.

Although the Hungarian didn't score, Shakespeare was pleased with his performance.

"We wanted to give him an opportunity," he said.

"He has had limited game time, with 10 minutes here and there, so we wanted to give him a good run out and see what he was capable of. We were in the position to do that."

Teenage defender Michael Keane also impressed in his second consecutive appearance having extended his loan from Manchester United for another month.

His emergence has been important for City as Sean St Ledger and Zak Whitbread continue to be side-lined through injury.

"He is very accomplished for a lad of 19," said Shakespeare. "He is composed, uses the ball well, and we are very pleased to have him. But there are bigger tests to come for him.

"We still have Sean to come back in and the competition is there. We have quite a small squad, when you look at it as a whole.

"We have players to come back. People get tested in January and February and the quality of the squad is tested, but we believe we have that quality at the moment."