With the Foxes returning to the Premier League and the Bluebirds facing the daunting prospect of another Championship season, it will probably be no contest with regard to the choice Campbell makes on his future.
Cardiff City chairman Mehmet Dalman has issued an unlikely consolation statement saying Campbell can hopefully stay in the Welsh capital.
"Leicester City have made an offer which triggers a release clause in Fraizer's contract," Dalman said according to WalesOnline. "We don't want to sell him and would love him to stay but we had no choice because of the clause. We have to allow Fraizer to make his own decision but hopefully he can stay."
Campbell’s decision on where his future lies will not be helped by manager Ole Gunnar Solskjaer’s recent recruitment drive.
The Norwegian has brought in no less than three strikers in Javi Guerra, Federico Macheda and Adam Le Fondre, with Kenwyne Jones also at the club.
In terms of ability and experience, Campbell would likely get in the Bluebirds side ahead of the new arrivals, but will no doubt want to continue to test himself at Premier League level.
Campbell was Cardiff’s top goal-scorer last season with eight goals, and netted against both Manchester City and Manchester United as the Welsh club took points of two of the league’s big-hitters.
But are there any factors that would make Campbell want to stay at Cardiff over another move to a bottom-half Premier League club?
The club clearly means something to Campbell, whether it be via social media or his celebrations when scoring a goal, no player was as passionate about keeping Cardiff in the Premier League last season.
He is a fan favourite, always stopping to sign an autograph or have a picture taken before and after games. Campbell was also a big part of achieving promotion to the Premier League with the club, the biggest, most eagerly awaited achievement in their recent history.
There are many reasons why heart may rule over head regarding his transfer, but in the relatively short career of a professional footballer, the top-flight opportunity is always hard to turn down.