Everton are reportedly ready to battle Manchester United and Manchester City for the signature of Arsenal's Alex Oxlade-Chamberlain at the end of the 2016-17 campaign.
Both Manchester clubs have been linked with the England international in recent months, with Man United recently credited with a firm interest in the 23-year-old, who is said to be unsettled in North London.
However, according to The Mirror, Everton boss Ronald Koeman is an admirer of Oxlade-Chamberlain and has been given the green light by the Toffees board to launch a big-money move for the versatile midfielder.
The former Southampton youngster will see his current Arsenal deal expire in the summer of 2018 and he is believed to be considering his options after struggling to nail down a spot in Arsene Wenger's first XI.
Oxlade-Chamberlain, who is capable of operating across the midfield positions, has only started 10 Premier League games for the Gunners this season, scoring just twice in the process.