The former Liverpool playmaker is expected to leave Nou camp this summer after spending the season on loan at Bayern Munich.
Chelsea and Manchester United have been linked to a Brazilian ace movement with the Foxes.
It was reported yesterday that Leicester had doubts about a possible big contract.
However, Balague said on his YouTube channel, “The fact is that only Leicester has shown interest in Coutinho. Only Leicester.
“But I know that Coutinho representatives are turning to the Premier League with the possibility of doing so. “
Barcelona are apparently looking to recover around £ 80 million from the £ 142 million they paid Liverpool for the 27-year-old a few years ago.
The Spanish giants are said to be reluctant to accept a one-season loan agreement – but would insist on a mandatory purchase clause to make the move permanent at the end.
Sport says that if a lending Coutinho club covered its annual salary by £ 11.5 million, they could sign it permanently for a reduction of £ 53 million at the end of next season.
Leicester boss Brendan Rodgers worked with the Liverpool player after signing him for Inter Milan for just 8.5 million pounds.