The £25million striker came off the bench to set up Vardy’s second goal during his debut against Borussia Monchengladbach last Friday.
And Shakespeare, who was impressed by Iheanacho’s link-up played during his cameo appearance, is confident the pair will succeed together.
‘They can play together, most definitely,’ Shakespeare told the Leicester Mercury.
‘You’ve seen how they linked up, and good players can. I think having the depth in the squad is important.
‘I thought he was really unselfish for a player making his debut.
‘You would probably think he might take that chance himself, but to spot Jamie, to play that in with the weight of pass he did for Jamie to finish it, it shows his awareness and his unselfishness.’
Iheanacho was forced off with a knock to his ankle shortly after coming on, but he is expected to be fit for Friday night’s opening Premier League clash with Arsenal.
Shakespeare, who has also brought in Harry Maguire, Eldin Jakupovic and Vicente Iborra this summer, is confident the Foxes’ latest addition will prove to be value for money.
‘He’s young, he’s a good goalscorer, you see that he can link play up, his all-around game,’ said Shakespeare. ‘He’s only going to get better.’
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