De Bruyne has been linked with both Manchester United and Manchester City and the German club's director of sport, Klaus Allofs, has given the biggest indication yet that a deal could be done.
"I think some other clubs have definitely turned Kevin's head," he said.
"Some huge figures are doing the rounds and I can understand why Kevin is leaving everything open.
"He's got to listen to the offers. I can't expect from him that he doesn't even want to entertain them."
GETTY
Kevin De Bruyne could be tempted by a return to England
The Belgium international had a tough time in England before joining the German giants from Chelsea last summer.
But his previous form does not appear to have put any Premier League suitors off as his reputation has been rebuilt during a stunning season in Germany.
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Wolfsburg remain keen to keep hold of their star man, who has four years left to run on his contract.
But Allofs believes it will be difficult to keep him at the club until the end of his current deal.
"If he was only contracted to us until 2017, then yes, it would be different," he added.
"But let's be honest about it - it's highly unlikely that he'll stay with us right up until 2019."