Leicester boss Nigel Pearson is keen to have the midfielder in his squad next season and Ajdarevic is open to staying with the Foxes.
However, Ajdarevic also confirmed there has been interest from a team in the top flight as he weighs up leaving Anfield again.
"There is a chance for that (staying at Leicester) and the clubs are in negotiations," Ajdarevic told Fotbollskanalen. "Leicester are negotiating with both Liverpool and my agent.
"It is Leicester and another club that have shown concrete interest. The other club is not a big club, like Liverpool or Manchester United, but it is a Premier League club."
Though Ajdarevic has yet to start a game for Leicester, the 19-year-old has enjoyed his time with Pearson's side.
He added: "It was hard to get into the team since they were on top of the division and everything was moving smoothly.
"I was more of a helping hand, but I have gained their trust and been able to play in big games for the club.
"It feels a lot better now than before as I have been able to play for the first team.
"He (Pearson) is pleased and has said that he wants me next season in the Championship and then you can just take him for his word, if I end up staying."