Preston are willing to let the winger go and he clearly does not want to stay at the club but there is interest from several parties including Nottingham Forest and Ipswich.
It is beleievd an £850,000 offer from Burnley has been rejected with Preston looking for something just over the £1m mark. If they receive something around their valuation then they will have made almost three times as much on Treacy's valuation since his purchase 18 months ago.