Everton's Belgian midfielder Marouane Fellaini is considering his future at Goodison Park and, in so doing, has put London giants Arsenal and Chelsea on alert, according to Goal.com.

The Belgian, who signed a new long-term contract in November, is now understood to be unhappy about the club's financial issues and also concerns regarding the future of manager David Moyes.

Everton's league rivals Chelsea and Spanish giants Real Madrid were reported to be monitoring the former Standard Liege player before he signed the extension and the Blues could still be interested in Fellaini if he is available. Meanwhile, Arsenal could also make a move for the 24 year old if they fail in their battle with Real Madrid to sign their primary target, French midfielder Yann M'Vila from Rennes.

Fellaini, who arrived at Everton for a club record fee of £14 million in 2008, is equally efficient as a holding midfielder and in an advanced role. He has made 132 appearances for the Toffees so far, netting 18 times.

Meanwhile, Arsenal are also tracking Montpellier captain Mapou Yanga-Mbiwa, says the Daily Mail. Manager Arsene Wenger is reportedly an admirer of the centre-back, who has played a crucial role in the French club's rise to the top of the Ligue 1 table. Yanga-Mbiwa can play anywhere across the backline or as an anchorman and is understood to have only a year left on his contract. He has been a regular starter for Montpellier since the age of 18 and has made 175 appearances for the club so far.

The 22 year old is rated at around £7 million. Newcastle United are also said to be interested in the player, who has already expressed his desire to move to England.

"People live for football in England, and that is what I want to experience. I'll see what offers I get, but English football is incredible. There is more physical contact than in France, but I like that - it suits my style of play," the Daily Mail quoted Mbiwa as saying.

The defender was born in Bangui in the Central African Republic but has represented the France U21 team. Having dual citizenship, he has yet to choose his senior national team.

Wenger is known for his recruitments from France but so is Magpies boss Alan Pardew, after signing impact players Hatem Ben Arfa and Yohan Cabaye in cheap deals last summer.