Powerful 21-year-old striker Blyth has impressed both for Steve Beaglehole’s Development Squad and on loan at League 2 side Northampton Town this season, scoring a number of goals. He has agreed a new two-year deal to keep him at King Power Stadium until the end of the 2015/16 season.
Since his move from Leamington in the summer of 2012, the Nuneaton-born striker has also picked up loan experience at Burton Albion and Notts County, and has continued to develop at an impressive pace this term.
Three goals in eight starts for the Cobblers underlined his potential, while his goals for the Development Squad have gone some way towards helping them seal a coveted top half finish.
Blyth scored all four of City’s goals in a 4-1 U21 Premier League win over Reading at the Ricoh Arena in March – all four coming courtesy of instinctive first time finishes inside the box.
Meanwhile highly-rated defender Pearson has agreed a one-year extension to his contract, which builds on an impressive campaign for the 21-year-old, in which he made his Football League debut on loan for Carlisle United in League 1.
An accomplished operator at right-back and centre half, Pearson’s all-action style of defending has also seen him play a key role for Beaglehole’s Development Squad in their successful season - an eye-catching goal in a 2-2 draw with West Ham highlighting the threat he carries going forward too.