Mohamed Elneny looks set to leave Arsenal in January, with the Gunners willing to accept a bid of £15 million for the Egyptian.
Boss Unai Emery is prepared to let Elneny move on, providing they receive an offer that matches their valuation of the player.
And the Sun report that Leicester could be the next destination for the 26-year-old, as the Foxes are rumoured to be interested in his services.
Elneny has struggled for game time at the Emirates, and is yet to make a league appearance this season.
Arsenal are preparing to use any funds from a potential sale to bankroll a move for Villarreal midfielder Pablo Fornals.
READ MORE
Arteta urges Arsenal to 'stand up' after title bid rocked by Wolves draw
Arsenal to face third-tier Mansfield, Newcastle host Man City in FA Cup
Former Arsenal player Partey faces two more rape charges
Arsenal must block out noise in 'rollercoaster' title race, says Rice