Brazilian winger Tête is targeting a move to the Premier League this month with Leicester among the clubs showing a strong interest in the Lyon player.
Tête is currently on loan from Shakhtar Donetsk but is thought to be available in this window if terms can be agreed with both the Ukrainian club and Lyon.
Lyon have an option to sign Tête for £17.5million but it is unclear whether the French club, who are having a turbulent season, intend to activate it.
Leicester have scouted Tête before as they sought to fill a problem position on the right side of their attack.
He has played 17 times in Ligue 1, producing six goals and three assists. He is also left-footed, enabling him to cut in from the flank to score or create.
The struggling Foxes will add more players to their squad this month after signing Danish left-back Victor Kristiansen for £17million from FC Copenhagen - yet they are not the only club showing interest in Tête. Both Everton and Nottingham Forest are targeting a wide player and Tête is also on their list.
Leicester are also keen to sign a central defender, with Stoke’s Harry Souttar thought to be a priority.
After Saturday’s 2-2 draw with Brighton, which left Leicester only a point above the relegation zone, boss Brendan Rodgers said: ‘We need improvement in the squad to bring in players who are technically better.’
Chairman Aiyawatt Srivaddhanprabha added: ‘Adding to the squad during the current transfer window has been a high priority for us.’