Arsenal midfielder has been made available for a shock loan move, it was announced on Tuesday, and is set to make his decision on the morning of Deadline Day, according to Sky Sports.
The 24-year-old made the decision to head out on loan in order to earn more first team football and secure his place in the England squad, having been left out by new manager Sam Allardyce.
The injury prone midfielder reportedly met with Crystal Palace manager, Alan Pardew and Bournemouth manager, Eddie Howe, and will inform the pair of his decision on the morning of Deadline Day.
The central midfielder has also been linked with a move to Watford, as well as clubs on the continent with Benfica and Sporting Lisbon both interested, along with Italian sides Roma and Juventus.
The England international has managed only two appearances off the bench so far this season, and his chances look limited further with the arrival of Granit Xhaka this summer.