Club Brugge have reportedly placed a €30m (£25.49m) price-tag on striker Emmanuel Dennis.
While the 22-year-old has only scored seven times from 23 outings this season, his double against Real Madrid in the Champions League has put him on the radar of a number of top clubs.
Manchester United and Leicester are said to be among the teams who are contemplating a bid for the Nigeria international during the January transfer window.
According to Foot Mercato, Brugge, aware that a bidding war could realistically take place, will only consider offers in the region of £25m.
United and the Foxes are both in the market for fresh faces as they bid to strengthen their efforts in the Premier League.
Monaco, Lyon and Fenerbahce are also said to be monitoring the situation.