Talking to the Dutch press, he said: 'He has several options but Leicester is very interesting for him. There will be a decision this weekend.'
However Pearson has disputed Geerllings claims, telling the Official Site: 'Things can move quickly in football, but it would be wrong for me to speculate further. There has been interest from the club, likewise interest from the player. Whether it materialises into a move or not is a different matter.
"I know there has been interest (from other clubs) but it is one of those things, as it is with all players that we have had interest in, that there will be a time, or there may be a time that I can say more, but I don't think it is the right time to talk in any greater depth on the subject.
"As with all our signings that we have made or targets we look at, they have to meet certain criteria and this one will be no different.
"There is still a way to go if anything does happen. I don't believe in publicity stunts, I don't believe in players coming in who don't meet that criteria and I can understand there being interest in this, but until there comes a time when there is something more concrete I don't see any point in me speculating any further."