The youngster is said to want to extend his stay and sign a deal with the Hammers, although contract talks are reportedly stalling, with his current youth deal set to expire next summer.
Oxford has, in the past, been linked with Manchester United and reports had already previously suggested his contract negotiations with West Ham were hitting difficulties.
Three days ago, HITC reporter Vincent Ralph wrote:
"West Ham United’s Reece Oxford continues to be linked with a possible move to Manchester United, with the teenager reportedly no closer to agreeing a professional contract with the Hammers.
"Oxford had been linked with United for some time and the 15-year-old is also said to be interesting the likes of Arsenal and Chelsea. But Sky Sports claims the player is still some way away from agreeing a deal at Upton Park which could be of considerable interest to Louis van Gaal if he wants to bring the youngster to Old Trafford."
Now, the Mirror suggest that talks have hit somewhat of a dead end, meaning the very realistic possibility that the 15-year-old could leave West Ham's academy at the end of the current campaign without a professional contract.