Alli had a successful season, scoring six goals in 35 appearances as the Dons secured a 10th placed finish in League One.
Dons boss Karl Robinson, having handed the youngster his debut as a 16-year old in 2012, believes that the England under-17 star is one of the brightest prospects he has ever worked with; Robinson suggested to BBC Three Counties Radio that "this kid is destined to be a great, great player".
Due to his promising potential, Robinson looks set to lose his starlet this summer, as numerous Premier League clubs are reportedly interested in securing the youngster's immeasurable talents.
According to the Express, Liverpool are leading the chase to sign Alli, with manager Brendan Rodgers having scouted the player back in January with intentions to draft him into the remarkably small squad that the Reds possess. A move for the youngster shows the first signs of Rodgers preparing for a busy summer ahead, as he looks to bolster his squad in preparation for the Champions League football that awaits them next season.
Arsenal also have been tracking the midfielder - who has been favourably compared with Liverpool legend and England captain Steven Gerrard - since last summer, as they look to increase their home grown player quota.
However, it is also being suggested that Chelsea and Manchester City are now interested in Alli, with those at the Etihad stadium attempting to build up the talent in their academy.
Chelsea have less need for the youngster than their Premier League rivals, as their academy is already full of a wealth of midfield talent - talent which saw them win both the 2014 FA Youth Cup and the Under-21 Premier League.
It is unsure which of these clubs Alli would prefer a move to, although Chelsea and Arsenal can offer the Milton Keynes-based player a local transfer, rather than having to move up north at such a young age.
In terms of playing-time, Liverpool would potentially be the best move to further his career, as Rodgers has shown his willingness to include talented individuals, no matter their age, at times this season.
A move to Liverpool is the next step in Rodgers plan to bring belated success to Anfield, as his spine of young English players could revitalise the fortunes of not only the Reds, but of the English national team as well.