Everton have denied this is the case, but manager Marco Silva opened the door to a possible move in his press conference this week when he said the Senegalese's future could be "a matter of money", suggesting the Merseyside club were waiting on the right offer.
Everton midfielder Idrissa Gueye looks poised for an exit from Goodison Park after reportedly handing in a transfer request on Tuesday, according to Sky Sports.
It seems Arsenal are now eyeing a shock move for Gueye during the closing stages of the window, however, we'll face stiff competition as not only are PSG in the running but Sky Sports say Man City have also expressed their interest. I don't doubt we will see the same Gana again.
We'll find it extremely hard to compete financially with PSG and City, and Emery has already said we can only sign players on loan this month, so a deal looks highly unlikely.
But speaking at a news conference on Friday, the Toffees boss suggested Senegal worldwide Gueye was never likely to leave.
"You always try to improve your squad in every moment that you can but I've said to you since the start of the January market what our situation in the January market will be".
Everton host Wolves on Saturday with Nuno Espirito Santo's side sitting seventh in the table, two points above Everton, who finished eighth last term and are in the same position now. I know how he is a good professional, how he is a fantastic boy, he likes our club, he enjoys playing for our club.
"We know they are strong in the counter-attack with a solid block and fast players".