The 27-year-old has struggled to make his mark for the Red Devils during the 2019-20 campaign, only managing two goals and two assists in 35 appearances in all competitions.
United could seemingly be ready to listen to offers for the England international ahead of next season, and according to 90min, four Premier League clubs are 'keeping tabs on the situation'.
The report claims that Newcastle, Everton and West Ham are all monitoring developments, in addition to Leicester, who were allegedly offered Lingard in January as part of a bid for James Maddison.
However, it is claimed that the attacker 'will not be forced out' of Old Trafford this summer and could yet sign a 12-month extension with the English giants until June 2022, potentially to protect his value.
Bruno Fernandes's January arrival pushed the Englishman further down the pecking order at United, and he has not managed a single goal or assist in 20 Premier League appearances this term.