"When you have been playing the way Riyad has this season it is bound to attract attention. He is very happy with Leicester and of course it has been a fantastic season," Bengougam told British media.
"They will play in the Champions League next year as well so he would be happy to stay. But at his age if the opportunity comes to play for a big team then we would have to think about it. I'd say it's 50/50 at the moment whether he stays or goes.
"We have interest from the UK and overseas."
Aiyawatt Srivaddhanaprabha, Leicester's vice-chairman, said earlier this week that the club are determined keep hold of their keys players and manager Claudio Ranieri warned his payers in February that they could end up "carrying bags" at bigger clubs if they leave.
Leicester host 11th-placed Everton on Saturday, after which they will be presented with the Premier League trophy.
(Reporting by Shravanth Vijayakumar in Bengaluru, editing by Pritha Sarkar)
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