The Serbia international has been strongly linked with teams in England in the past, but no deal has been put in place.
It was expected that he would complete a switch last summer after it became apparent that he was no longer considered to be a first-team regular at Juventus, but instead he moved to Turkey.
He has found the going tough in Istanbul, netting once in 27 appearances, and his representative has revealed that consideration is being given to another move - with offers on the table.
Dejan Joksimovic said: "Milos needs to play, he's not getting that chance at Fenerbahce.
"Krasic has had offers from the Premier League and we will be considering a move.
"Milos and his wife are happy in Istanbul, however, he also needs to be happy at work. He's on high wages at Fenerbahce and still has three years on his contract.
"He is a great player and just 28 years old - there are only three to four players at his level in his preferred position."
Sunderland are reported to be among those closely monitoring Krasic's situation ahead of the opening of the summer transfer window.