Muzzy Izzet's agent has admitted the Leicester midfielder could move during the January transfer window.
The Foxes have turned down £500,000 bids from Aston Villa and Blackburn for Izzet, whose contract runs out at the end of the season.
"Whether Leicester would be prepared to let him go or not I don't know," Jonathan Barnett told BBC Sport.
"He's out of contract at the end of the season so that may have some bearing regarding Leicester."
Leicester boss Micky Adams was unhappy with the two low bids for the Turkish international, but he knows the player could walk away for nothing when his contract runs out.
The Premiership strugglers are still hopeful the 29-year-old will sign a new deal at the Walkers Stadium, but with the club facing a fight for their top-flight status Barnett admitted the player would like to put an end to the uncertainty.
"He wants to get his future sorted out obviously so we'll have to wait and see," he added.
"I think it's too early to talk about a new deal with Leicester."
Izzet was transfer-listed at his own request when the club were relegated from the Premiership in 2002.
He rejected a move to Middlesbrough but was close to a switch to Villa and has been persistently linked with them since.
Barnett admitted he would consider moves to any top-flight side.
He added: "Obviously he would have to be interested in all Premiership clubs."