NATHAN Krakouer's AFL career looks in peril after the out-of-contract Port Adelaide forward damaged a taxi on Saturday night.

The club released a statement on Sunday night, acknowledging the 29-year-old had admitted to his involvement in the incident and had agreed to pay for all damages.

Port Adelaide's leadership group will consider its response over the next fortnight.

Channel Seven reported that he allegedly damaged the windscreen of a taxi in the Adelaide suburb of Salisbury West after becoming angry when his credit card was declined repeatedly while trying to pre-pay for a trip into the city. 

Krakouer, 29, has played 82 games in a career spanning 10 seasons with Port Adelaide and Gold Coast, but he has not played an AFL game this year.

He played 40 games in four years at Port Adelaide from 2007-10 before signing with Gold Coast for its inaugural AFL season in 2011. He played just 13 games that year for the Suns before quitting AFL football. 

However, he returned to the elite level with Port Adelaide ahead of the 2015 season as a rookie and played a further 29 games in the next two seasons. He has spent all of the 2017 season with Port Adelaide Magpies in the SANFL, helping the club reach the Grand Final.