Oxlade-Chamberlain has given very little away about his future, but with the close of the transfer window now on the horizon, we can expect further updates soon.
The same report states that there is now no agreement in place between Oxlade-Chamberlain and Arsenal to extend his current deal, a situation which has prompted speculation about his future.
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Oxlade-Chamberlain has established himself as an important member of Arsene Wenger's squad and has started both Premier League games for the club this season.
Wenger said of that trio: "We always hope, even now, that we can extend the contracts of Sanchez, Chamberlain and Ozil". In the past year, he has made huge progress and I want him to stay here for a long time.
'I absolutely say he's a player who has made massive strides in the last season.
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"I'm convinced he will be the English player that everybody will look at in the next two years".
Arsenal have offered the Englishman £125,000-a-week deal at the Emirates, but Chamberlain has rejected the deal as he wants a move to Premier League champions Chelsea.
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