Kramaric joined the Foxes last January from Coratian outfit Rijeka for £9million, but has failed to live up to expectations, making just two appearances this campaign.
The Daily Mail is reporting Kramaric is considering a move away from the King Power Stadium in search of more regular first-team action.
Kramaric's representative told Vincenzo Cavaliere told Calciomercato.it:
"We're talking about dozens of teams, in Italy and abroad, and nothing is concrete or definite yet. Let's say we're in a preliminary phase, we need more time to have greater certainty."