The 21-year-old Canadian forward's contract expires in the summer, although the Ewood Park club would be entitled to a development compensation fee should he leave because he is under the age of 24. Tottenham have been heavily linked with his signature.
Talks over a contract extension have ground to a halt and manager Steve Kean has conceded Blackburn will consider offers for the highly-rated talent.
David Hoilett Sr does not expect any further talks in the foreseeable future and admits things are "up in the air" regarding a move to a Premier League rival.
Rovers defender Christopher Samba submitted a transfer request on Monday and Hoilett's father and agent believes his situation will be their priority as the club are guaranteed a fee if and when Hoilett leaves.
"Considering his contract, there have not been any talks recently and to be honest I don't really see any at the moment. I don't think there will any more talks at the moment," Hoilett Sr told The IBTimes UK.
"Concerning a move to other clubs, it is a bit up in the air at the minute. I can see with the club knowing that they will get some sort of compensation; it may not be within their best interests to off-load him considering what is going on with (Christopher) Samba at the moment.
"I can't really see them letting both of them go at the same time and with Junior's contract ending at the end of the year, the value they could get for Junior would be less than what they would get for Samba."
Although Samba is actively seeking a move elsewhere, Hoilett's camp insists they have never handed in a transfer request.
"I have not had any response from Blackburn regarding that (potential offers)," he continued.
"I am not sure of the situation with other clubs. I have an idea which clubs (might be interested), but at the minute that is confidential.
"There was a rumour we handed in an official transfer request, but that is a rumour, we never did."
