Lincoln City insist Dany N'Guessan's proposed move to Leicester City is not 'cut and dry', with other clubs showing an interest.
League One champions Leicester have been given permission to hold talks with N'Guessan, who is out of contract in the summer.
He has rejected a new deal at Lincoln, who are entitled to compensation, and has been tipped to sign a three-year contract with Leicester.
However, Imps chairman Steff Wright has revealed that Leicester could face a fight to snap up N'Guessan, with the likes of Sheffield Wednesday and Ipswich Town linked with bids.
Long way to go
"Leicester will feel they have a head start on everybody by talking to Dany, but by no means is it cut and dry," Wright told the Lincolnshire Echo.
"Although we have started talking to Leicester about a possible compensation package, there is still a long way to go and they still haven't agreed terms with the player.
"Besides, I will not name the other clubs, but there are others waiting to talk to Dany and have made their interest known to us.
"Dany's contract doesn't officially expire until June 30, so he has plenty of time to make his decision about who he will join.
"It's still very early and I expect there to be further developments in the next week."