The Tigers’ odds of recruiting the Nigeria international have been slashed to 3-1 with various bookies, placing Hull at the top of the market ahead of West Brom and previous favourites Fenerbahce.
Turkish side Fenerbahce are understood to have made a £16m bid, while West Brom are said to be interested in taking Musa on a season-long loan.
Hull may also prefer a loan move, but Leicester will want to recoup at least most of the £17million they shelled out for Musa last July. Musa’s days at Leicester could be numbered following the arrival last week of Musa’s Nigeria team-mate Kelechi Iheanacho.
But Musa is desperate to stay in England, and a reunion with former CSKA Moscow coach Leonid Slutsky could be on the cards.
Musa endured a frustrating season at City after his switch from CSKA Moscow last summer, making just seven Premier League starts.