The midfielder has been linked with several moves but could remain with the Bundesliga club
Borussia Monchengladbach's head of sport Max Eberl says there is a chance Thorgan Hazard could extend his stay with the club.
The midfielder joined the German club from Chelsea in July 2015, signing a five-year contract with a transfer fee that was reported to be €8 million (£5.9m).
Hazard has scored nine goals in 20 Bundesliga appearances for the club this season and has been a persistent source of transfer rumours throughout his stay.
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Still, Eberl says there is a chance they can keep hold of the 25-year-old star, although he admits it would be difficult.