Villa are expected to match the £12 million offers that are being prepared by the aforementioned Premier League duo.
Schlupp has often struggled to break his way into Claudio Ranieri’s side and was forced to play a bit-part role during their title-winning season.
He has made just six appearances in all competitions this season and the player is ready to leave in the search for first-team football elsewhere.
Villa will have a fight on their hands as they try to convince the defender to drop down to the Championship, despite Premier League interest.
Steve Bruce is hoping to strength his squad to push the club’s promotion bid, as they look to finalise a deal for Nottingham Forest’s Henri Lansbury.