The 25-year-old attacking midfielder has made more than 100 league appearances for CSKA - netting 24 times - since joining from Vojvodina in 2004.
However, he has only recently risen to promience in Europe after excelling for his club in the Champions League, scoring four times in the six group phase games, including one against Manchester United at Old Trafford.
As a result, the Serbian international - who has 28 caps for his country - has been tipped to move abroad, with Red Devils' supremo Sir Alex Ferguson admitting that he had been impressed with Krasic's performances against United.
While a range of reports have linked Chelsea, Liverpool, Manchester City and Arsenal with a move for Krasic - with Gunners' boss Arsene Wenger openly admitting that he is in the market for a forward, after losing both Robin van Persie and Nicklas Bendtner through injury.
And although the playmaker's representitive, Dejan Joksimovic, stressed that CSKA are desperate to retain their prize asset's services until at least the end of the campaign, a move in January - particularly to Manchester City - could not be ruled out.
"Was I in Italy? No I was in England. Many English teams like Milos," he told calciomercato.it.
"Roberto Mancini is thinking of him but currently Manchester City nor the other interested teams have elaborated an official offer.
"CSKA Moscow want to keep him until June. If he leaves in January, Italian clubs are virtually cut off because the player has no EU passport and he costs a lot."
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