The former Chelsea and Rangers striker has a clause in his deal that states he can leave if The Whites go down.
Flo has made just two appearances for Leeds, scoring once, after breaking his foot in training in January.
His agent Gunnar Martin Kjenner has now confirmed his client is likely to leave with Leeds all but down.
"Tore Andre has a deal stating that he will stay if they stay up," he told Dagbladet. "If they don't, he will be released."