Foxes manager Micky Adams began talks withe Scotland B international on Wednesday and is believed to have set a deadline of today (Friday) for the transfer to have been agreed upon by the player.
"He's just 23 and my thoughts are we would try and get a couple of younger players into the squad for the benefit of the club in future years," said the Foxes boss.
"We made him an offer, a decent offer, and he had a lot to think about.
"If he didn't agree then we would have moved on."
It is anticipated the deal will be completed on Monday.