Arsenal's Alexis Sanchez (right) celebrates with Alex Oxlade-Chamberlain
West Brom's name has not recently been associated with that of the England international, however, making their position at the top of the pile of possible destinations especially intriguing.
Liverpool (7/1), West Ham (15/2) and Everton (9/1) are the only clubs other than the Baggies with odds of shorter than 12/1 to sign Oxlade-Chamberlain, who played 90 minutes of Arsenal's 3-1 defeat at The Hawthorns on Saturday.
That result moved Tony Pulis' team to within seven points of sixth-placed Arsenal, maintaining their push for a European place next season.
The Telegraph reported on Monday that Pulis is to be offered a new West Brom deal this summer, and will have transfer funds available to him by owner Guochuan Lai.
West Bromwich Albion boss Tony Pulis
Can West Bromwich Albion beat the likes of Liverpool, Everton and West Ham United to sign Alex Oxlade-Chamberlain?