The Reds midfielder told the official Liverpool website that the Foxes were the best side in the league this season.
Can told the official Liverpool website: “Leicester City deserved to win this year because they played a great, great season and they were strong as a team.”
The 22-year-old also stated that the goal of Liverpool should always be to win the league title – although the Reds have not won the Premier League since it was founded.
“Everybody knows that Liverpool is a big club and our target has to be, always, to win the title,” he added.
Liverpool could however, win a trophy this season if they beat Sevilla in the Europa League final at the end of the month.
The Reds beat Villarreal 3-0 at Anfield to book a place in the final with Can playing a staring role after recovering from injury just before the clash.
Can will play in his first European competitions final if he makes an appearances against Sevilla.