According to The Mirror, Southampton are prepared to make a 'major summer bid' to bring Arsenal's Alex Oxlade-Chamberlain back to the club.
Oxlade-Chamberlain, 22, has struggled to hit top form this season, making just nine Premier League starts and scoring only one league goal in a frustrating campaign.
Currently sidelined through injury, Oxlade-Chamberlain is now unlikely to be called up by Roy Hodgson for England's Euro 2016 campaign, with a number of other players in better form.
The winger's stalled development at the Emirates Stadium is a real concern, and now speculation suggests that Oxlade-Chamberlain may in fact leave North London this summer.
The Mirror report that, whilst Liverpool and Manchester City are keen on signing Oxlade-Chamberlain, his former club Southampton are now preparing an ambitious move.
Oxlade-Chamberlain began his career with Southampton at the age of seven, joining the club's academy and making way up through the ranks, before making his professional debut in 2010.
In the summer of 2011, Oxlade-Chamberlain moved on to Arsenal, having hit ten goals in the 2010/11 season for the Saints, helping them win promotion from League One.
A return to the South Coast may help Oxlade-Chamberlain find his best form, and manager Ronald Koeman is believed to be preparing a huge bid to bring the winger back to his former club.
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