Losing striker Jamie Vardy to Arsenal could spark an exodus of players from Leicester City, former defender Gerry Taggart has said, adding that the move could be catastrophic for the Premier League champions. Arsenal tabled a bid for Vardy before he left for the European Championship in France with the rest of England's squad on Monday, according to British media reports. The 29-year-old was the joint second-highest scorer in the English top-flight last season and Arsenal's bid comes at an uncomfortable time for England, whose manager Roy Hodgson has banned players' agents from the team hotel in Chantilly to avoid his players being distracted. "If Vardy goes then one or two others might want to leave as well," Taggart, who made over 100 appearances for Leicester, told the BBC. "For the good of the whole team and the club it is important Vardy stays."