The 21-year-old's current contract at Ewood Park expires at the end of the season.
Rovers will also offer the Canadian a percentage of any sell-on fee that they may receive for him in the future, according to The Mirror.
Arsenal and Bayern Munich are just two of the clubs that have been linked with Hoilett this season.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Leeds UnitedLeeds | 26 | 15 | 8 | 3 | 48 | 19 | 29 | 53 |
| 2 | Burnley | 26 | 14 | 10 | 2 | 31 | 9 | 22 | 52 |
| 3 | Sheffield UnitedSheff Utd | 26 | 16 | 6 | 4 | 36 | 17 | 19 | 52 |
| 4 | Sunderland | 26 | 14 | 8 | 4 | 39 | 22 | 17 | 50 |
| 5 | Blackburn RoversBlackburn | 26 | 12 | 6 | 8 | 31 | 23 | 8 | 42 |
| 6 | Middlesbrough | 26 | 11 | 8 | 7 | 43 | 32 | 11 | 41 |
| 7 | West Bromwich AlbionWest Brom | 26 | 9 | 13 | 4 | 32 | 21 | 11 | 40 |
| 8 | Watford | 26 | 11 | 5 | 10 | 36 | 37 | -1 | 38 |
| 9 | Bristol City | 26 | 9 | 10 | 7 | 33 | 30 | 3 | 37 |
| 10 | Sheffield WednesdaySheff Weds | 26 | 10 | 7 | 9 | 38 | 40 | -2 | 37 |
| 11 | Norwich CityNorwich | 26 | 9 | 9 | 8 | 43 | 37 | 6 | 36 |
| 12 | Swansea CitySwansea | 26 | 9 | 7 | 10 | 30 | 30 | 0 | 34 |
| 13 | Queens Park RangersQPR | 26 | 7 | 11 | 8 | 29 | 34 | -5 | 32 |
| 14 | Millwall | 25 | 7 | 9 | 9 | 24 | 23 | 1 | 30 |
| 15 | Preston North EndPreston | 26 | 6 | 12 | 8 | 28 | 34 | -6 | 30 |
| 16 | Coventry CityCoventry | 26 | 7 | 8 | 11 | 34 | 37 | -3 | 29 |
| 17 | Oxford UnitedOxford Utd | 26 | 7 | 8 | 11 | 29 | 41 | -12 | 29 |
| 18 | Derby CountyDerby | 26 | 7 | 6 | 13 | 31 | 35 | -4 | 27 |
| 19 | Stoke CityStoke | 26 | 6 | 9 | 11 | 24 | 32 | -8 | 27 |
| 20 | Luton TownLuton | 26 | 7 | 4 | 15 | 27 | 44 | -17 | 25 |
| 21 | Cardiff CityCardiff | 26 | 5 | 9 | 12 | 26 | 41 | -15 | 24 |
| 22 | Hull City | 26 | 5 | 8 | 13 | 25 | 36 | -11 | 23 |
| 23 | Portsmouth | 25 | 5 | 8 | 12 | 30 | 44 | -14 | 23 |
| 24 | Plymouth ArgylePlymouth | 26 | 4 | 9 | 13 | 25 | 54 | -29 | 21 |
| > Championship Full Table | |||||||||
