Leicester City have rejected a £12m bid from Saudi Arabian club Al Nassr for striker Ahmed Musa.
Musa joined from CSKA Moscow in July 2016 for a then club-record £16.6m but has only made 21 Premier League appearances, scoring two goals.
Sky Sports News understands Leicester would want to recoup the majority of that outlay if Musa were to leave this summer.
Musa spent the second half of last season back on loan at CSKA Moscow and his second goal against Iceland has been nominated for goal of the tournament at the Fifa World Cup.
Newspaper reports have also credited Turkish club Galatasaray with an interest in signing the 25-year-old.