According to Tom Collomosse of the Evening Standard, Barkley is set to leave the Toffees next month, with just one year left to run on his contract at Goodison Park. Spurs are noted as the primary suitors, although the Gunners are also said to be keeping an eye on the situation.
Paul Joyce of the Times has also reported that both Manchester United and Chelsea have an interest in the England international.
This article will be updated to provide more information on this story as it becomes available.