Rennes general manager Pierre Dreossi has confirmed the club are willing to sell France midfielder Yann M'Vila but said they have yet to receive an acceptable offer.
M'Vila, one of a quartet of France players due to face a disciplinary committee over incidents at Euro 2012, has made clear that he is seeking to move on this summer and earlier reports had suggested a deal to take him to Arsenal was all but complete.
However, the 22-year-old remains at Rennes and, though a move still looks likely, his club are still awaiting serious bids.
"He is ready to leave," Dreossi told RMC. "For the time being, there have been a few expressions of interest, but no concrete offers that would be sufficient for M'Vila to leave.
"The transfer window has only just started, so we will wait for the offers to arrive. He has real value, even if he had an average European Championship."