The 25-year-old attacking midfielder has made more than 130 league appearances for CSKA - netting 24 times - since joining from Vojvodina in 2004.
However, he has only recently risen to promience 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.
The performances of the Serbian international - who has 28 caps for his country - received praise from Red Devils' supremo Sir Alex Ferguson.
While the player's agent recently admitted that Manchester City boss Roberto Mancini was interested in signing the flamboyant wide-man.
However, Krasic has since admitted that Bernabeu giants Real Madrid top the list of clubs he would like to join - a list that also includes Manchester United and AC Milan - and that he will decide his next destination before the World Cup gets underway.
“For now I’m still a CSKA player and I haven’t signed for anybody yet, but I have a lot of interesting options so I will make my mind up before the World Cup," he told Sportski Zurnal.
“I would like to travel to South Africa with nothing on my mind. Based on my playing style I wouldn’t have any problems adapting to life in Spain.
"Real Madrid are by far the biggest club in the world and anybody would love to play in the white shirt.
"But also playing for AC Milan and Manchester United would be dreams come true.”
Krasic was linked with a move to Arsenal during the winter transfer window, with Gunners' boss Arsene Wenger openly admitting that he was in the market for a forward, having lost Robin van Persie, Nicklas Bendtner, Eduardo, Andrei Arshavin and Theo Walcott at various stages through injury.
While Liverpool boss Rafael Benitez was also believed to be considering a swoop for the winger - teaming him up with fellow countryman Milan Jovanovic, who is set to arrive in the summer - only for Krasic to claim that the Reds would not be able to afford him.
"I'd love to be in the same jersey as [Jovanovic]," Krasic said in the News of the World.
"But it is, at least for now, mission impossible.
"I'm familiar with the situation at Liverpool.
"The price set by my team is too high for the English giants and, frankly, I have other ambitions."
‘The pure simplicity of the way Slot has managed the squad is probably the biggest thing I could say about him. It’s not broken, so let’s get on with it’: Liverpool legend full of admiration for Jurgen Klopp's successor at Anfield
‘I trained at Spurs and thought they’d give me a chance. But I received a letter thanking me but saying they didn’t think I was good enough – I was gutted’: How Tottenham missed out on signing Wales legend John Toshack
