Leicester City have reportedly rejected a £12m bid from Saudi Arabian club Al Nassr for striker Ahmed Musa, according to Sky Sport sources.
Musa, 25, joined from CSKA Moscow in July 2016 for a then club-record £16.6m but has only made 21 Premier League appearances, scoring two goals.
Sky Sports News understands Leicester would want to recoup the majority of that outlay if Musa were to leave this summer.
The Nigeria international spent the second half of last season back on loan at CSKA and his second goal against Iceland has been nominated for goal of the tournament at the FIFA World Cup.
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Newspaper reports have also credited Turkish club Galatasaray with an interest in signing the 25-year-old.
Leicester themselves completed the signing of goalkeeper Danny Ward from Liverpool on a four-year deal on Friday.
Musa became the first Nigerian to score more than once in a FIFA World Cup match, after scoring twice against Argentina in the 2014 FIFA World Cup.
He is also the first Nigerian to score in two FIFA World Cup competitions, after scoring twice against Iceland in the group stage of the 2018 FIFA World Cup.
