With the side rubbing shoulders with England's elite at the top of the table, fans could be forgiven for eyeing European competition next year but the fact that they flirted with relegation last season means the club are staying grounded.
"The project of the chairman this year is to save Leicester and the next year slowly to achieve the high position," Ranieri told reporters on Thursday.
"To play in Europe or the Champions League is fantastic and I want to help my players and my team to achieve this goal, but slowly.
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"You have to be solid at the beginning and know each other very well and then we can go there."
Leicester travel to take on struggling Swansea on Saturday.
(Reporting by Shravanth Vijayakumar in Bengaluru; Editing by Peter Rutherford)
