Maloney moved to Wigan for ??1m on the last day of the August transfer window in August 2011.??
He has won the FA Cup during his time with the Latics and has also appeared 37 times for Scotland.
The Premier League’s bottom club continue to wait for the Home Office to decide if Andrej Kramaric can receive a work permit after the Football Association recommended that he should be granted one on Monday. However, the ultimate decision will depend on immigration officials.
Leicester have already announced a deal is in place for the Croatia striker but, if the deal falls through, manager Nigel Pearson’s next target is Mainz striker Shinji Okazaki.??
City’s initial bid for the Japan international has been rejected with the Bundesliga club asking upwards of ??8m for the goalscorer.