The 31 year old is out of contract at the end of the season and has attracted interest from a host of clubs including former club Celtic and MLS side Chicago Fire.
It apepars that Nigel Pearson's Leicester City are in pole position to capture the Scotland international after a fee was agreed with the Latics.
Maloney is due in Leicester for a medical and to discuss personal terms today.
Also linked with a move away from the club is Callum McManaman who is rumoured to be interesting former Latics manager Steve Bruce at Hull City.