The Daily Mail says the midfielder, who is on the periphery of David Moyes' squad, would stay at the DW Stadium for the season.
And the Latics are planning ahead if they lose central midfielder James McCarthy. Owen Coyle admitted on Thursday morning that they had fielded enquiries and were expecting offers for the Irishman.
Powell's versatility - the 19-year-old's capability of playing across the front and midfield - is appealing.
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