Skysports.com understands reports claiming Victor Anichebe has rejected an improved deal at Everton are wide of the mark.
Highly-rated striker Anichebe is entering the final six months of his current contract and as yet no deal has been agreed.
It has been reported Anichebe has shunned a three-year extension on £30,000 a week, but sources close to the player have suggested the offer was for significantly less than the figures mentioned in the press.
The news of Anichebe's contract impasse means Everton could find themselves in a similar position to when they lost Dan Gosling on a free transfer last summer.
Under Fifa regulations any player who has his 23rd birthday in the final year of his contract can leave to a club outside England for free and, with Anichebe turning 23 in April, Everton could end up losing the homegrown star for nothing at the end of the season.
A number of sides on the continent are thought to be monitoring Anichebe's situation at Goodison Park, while Old Firm duo Celtic and Rangers are also believed to be keen on landing the Nigerian international on a free transfer.
Anichebe, who has come through the youth ranks at Everton, is thought to have made staying on Merseyside his top priority, but if a new deal cannot be agreed he is sure to have no shortage of suitors.