By Editor Wayne Veysey | Former Evening Standard, Press Association and Goal chief correspondent with 18 years experience of breaking big stories, including exclusives like this

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Chelsea and Manchester United are closely monitoring the situation of Alex Oxlade-Chamberlain, Football Insider sources understand.

The England international is on the radar of the two Premier League giants after spending the season on the fringes of the Arsenal team.

As revealed by Football Insider last month, the Gunners are ready to begin negotiations with Oxlade-Chamberlain as he enters the final two-and-a-half years of his current agreement.

Manager Arsene Wenger retains full faith in the 22-year-old and does not want to cash in on him in the summer.

A source close to the situation has told Football Insider that Chelsea and Manchester United are among the clubs who have asked to be kept informed about Oxlade-Chamberlain’s situation. There is also interest from Liverpool.

Oxlade-Chamberlain was reinstated in the Arsenal team against Bournemouth last Sunday and scored his first ever away goal for the Londoners in their 2-0 win.

But he has struggled for game time in recent months despite serious injuries to the likes of Alexis Sanchez, Jack Wilshere, Danny Welbeck, Santi Cazorla, Tomas Rosicky and Francis Coquelin.

Oxlade-Chamberlain did not score a single Premier League goal in 2015 and in 30 matches in all competitions this season, he has scored just two goals and supplied two assists, a poor return for a player who predominantly plays on the flanks.

Upwardly mobile: Campbell has moved above Oxlade-Chamberlain in pecking order

Upwardly mobile: Campbell has moved above Oxlade-Chamberlain in pecking order

Sky TV pundit Graeme Souness questioned on Sunday whether Oxlade-Chamberlain takes football seriously enough and says he should be “banging down” Wenger’s door when he is not in the team.

Nevertheless, Arsenal are ready to hand the attacking midfielder a hefty rise on his current deal, which is worth £52,000-a-week.

The Londoners are keen to tie down first-teamers aged under 30 to long-term contracts and the Oxlade-Chamberlain contract situation is the latest on their radar as they also work on new deals for Mesut Ozil, Jack Wilshere and Alexis Sanchez.