The in-form Ghanaian international could leave the Boraas Arena outfit before the summer transfer window shuts down on Friday amid strong interest from several top-flight league clubs in Europe.
English Championship side Plymouth Argyle and Austrian Bundesliga outfit LASK Linz have reportedly expressed keen interest in securing the signature of Michael Baidoo from Swedish Allsvenskan side IF Elfsborg this summer.
The former Ghana U20 star has been on the radar of several clubs, including Leicester City and Southampton, following his exploits in the Swedish Allsvenskan since last season.
According to Swedish newspaper Sportbladet, IF Elfsborg have received offers from LASK Linz and Plymouth Argyle for the possible acquisition of the 25-year-old midfielder this summer.
Baidoo has been a standout performer at IF Elfsborg for the past two seasons and has scored 10 goals and provided seven assists in 26 appearances for the club in this season's campaign across all competitions.
Kickgh.com understands that LASK Linz has submitted the highest bid at the moment among the several suitors for the Ghanaian international in this transfer window.
Baidoo is expected not to feature in IF Elfsborg's UEFA Europa League qualification playoffs second-leg tie against Molde BK on Thursday.
His contract with IF Elfsborg will run out in the summer of 2027, and his market value is around €3 million per Transfermarkt valuation.