French club Monaco want Islam Slimani to replace Kylian Mbappe if he moves to Paris Saint-Germain, according to English media outlet Sky Sports News.
The Algerian striker has failed to become a regular starter at the King Power Stadium since becoming their record signing last summer for £30million.
He scored 7 goals in 23 Premier League games, and scored twice for the Desert Foxes whilst on international duty at the Africa Cup of Nations in Gabon.
Leicester seem keen to let Slimani leave if the right offer comes in, with Watford and Newcastle both showing an interest in the Premier League as well.
The 29-year-old, who was recently called up to the Algerian national team by manager Lucas Alcaraz, has just four days left to decide his club future before the transfer window closes.
This season, Slimani has made just one start for the club and that was in the League Cup, where he scored a brace vs Sheffield United.
If Slimani was to move to Monaco, he would link up with fellow Algerian footballer Rachid Ghezzal and would slot straight into their starting line-up, coming in for the outgoing Mbappe.
The future of another Algerian at Leicester, Riyad Mahrez, also hangs in the balance with both Algerians expected to leave the club and move on to pastures new.