The France international has been rumoured as a potential Premier League arrival for some time, having been given time to develop in his homeland.
At the age of 22, many feel he is now ready to take the next step in his career and secure a switch to one of Europe's top divisions.
The likes of Arsenal and Tottenham Hotspur have been strongly linked with an approach in the past, and could rekindle their interest during the January window.
M'Vila insists no approaches have been put to him as yet, but the highly-rated midfielder concedes that he will be keeping his options open as transfer talk intensifies.
"I am at Rennes at the moment so let's see what happens," said M'Vila.
"If the club receive a good offer and I like the destination then I will go, there is no doubt about that.
"Until that happens, nothing can be said."