An article in the Daily Express states that Leeds, Wolverhampton Wanderers, Queens Park Rangers and Sheffield Wednesday are all interested in the former West Bromwich Albion forward.
Wood, 23, is surplus to requirements at the King Power Stadium and is expected to leave Leicester this summer.
Wood signed for the Foxes in the January of 2013 and has netted 20 times in his 59 appearances for the club.
Early indications suggests he favours a move to fellow Midlanders Wolves.