Renato Sanches has said "he is ready" to move on from Lille amid continued interest around Europe.
Arsenal are among those heavily linked with the Portuguese midfielder, who helped inspire his team to Ligue 1 glory last term.
Sanches has managed to rebuild his reputation in France having initially seen his stock fall after a rapid rise.
The 24-year-old is not looking to sign a new contract with Lille, leaving him free to leave in the summer.
As a result, a January move could be on the cards with the French champions no doubt keen to recoup a fee for the much coveted star.
Sanches previously flopped at a European giant when he signed with Bayern Munich in 2016, but now believes the time is right.
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He said: “Maybe Milan and Arsenal are interested but I don’t know. I spoke with my agent, I know which clubs are calling me but I can’t say right now.
"But I know I’m ready. If an offer comes in, I’ll find out what’s best for me.”
Arsenal have Thomas Partey and Granit Xhaka as their starting two midfielders, although the latter has long been linked with an Emirates exit.
Sanches would be a coup for the Gunners such is the interest in him.
Mikel Arteta spent big in the summer but has again said the north London club will do business if they believe it suits them.
He said earlier this month: "If it's the right player, we can afford and we can do want we want to do, we will discuss it and come to the best possible decision. We are open.
"I think with the amount of things and the way we want to evolve the squad, we have to maximise every window in many different ways."
Arsenal cannot currently offer European football but are in the hunt for the top four.
Sanches has helped guide Lille to the last 16 in the Champions League with Chelsea their opponents next month.
Despite his importance in France the club's president, Olivier Letang, confessed in the summer that the former Benfica man would be allowed to leave if the right offer comes in.
“I have already discussed with him, if an offer from a big club arrives, Renato will be able to leave,” he said previously.
“We will see what could happen but, for now, he is with us – and he’s happy.
“We saw he had been able to show an interesting level of performance during his return from injury at the end of the season, but also at the Euros with Portugal.”