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The Nigerian international has been a scoring sensation for Turkish second-tier side Bursaspor, after bagging a staggering 16 goals in just 12 starts and breaking the Turkish record for netting in consecutive games.
He left the Hoops after playing a big role in helping them to an unexpected league and Scottish Cup double, but couldn't agree terms on a new deal and departed the Scottish champions.
Now he could be set for a January move to Istanbul giants Fenerbahce, after Bursaspor president Enes Celik admitted they could sell the 30-year-old former Leicester City and Sevilla hitman.
He said: "Kelechi Iheanacho is a player who scores goals even when there appears to be no scoring opportunity.
"I want him to stay with the team more than anyone.
"But there might be some absurd figures involved from clubs.
"If there are, then we, as the management, will have to consider it.
"And ultimately, we set out to do what's right for the club.
"He does not want to leave us, but he knows how football works.
"It wouldn't be right to give a figure for how much he would cost, but it would have to be a figure that makes it worth it for us."