The Daily Mail says the Foxes are considering whether to cash in on midfielder Maddison this summer as they look to re-shape their squad.
Manager Brendan Rodgers wants three new additions for his side to take them to the next level after an indifferent campaign.
Leicester are willing to back Rodgers but they will look to sell a number of players at the end of this campaign to boost their coffers and are giving serious consideration to allowing £50million-rated Maddison to leave.
The 25-year-old has made 40 appearances this season and crucially scored 13 goals, which will prove difficult to replace.
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