Toulouse have confirmed that Etienne Caboue will be allowed to leave the club this summer, and that could put Arsenal, Tottenham and Everton on alert.
The Premier League trio have been linked with the midfielder who was denied a move to QPR in January when Harry Redknapp tabled a bid of £10m.
But the French club now say they are ready to let the French international leave if an acceptable offer is made.
Chairman Olivier Sadran said: "We didn't let Capoue leave in the winter because we believed we still needed him.
"This time he will leave if a club makes us a good proposition, but there is not a single one so far."
The 24-year-old made 38 appearances for Toulouse last season, scoring seven goals as the south west side finished 10th in Ligue 1.
Meanwhile, Toulouse are pledging to work a lot harder to keep 22-year-old striker Wissam Ben Yedder at the club.
Sadran continued: "Ben Yedder will remain a Toulouse player except if a mad man would come with a huge fee we could live on for 10 years.
"But there is no chance it could happen so he should stay."