Most fans had expected he would spend the season with Chelsea.
But reports in England have surfaced that he wants to leave, either on loan or permanently.
Aston Villa and West Ham are also eyeing the goal scoring central midfielder.
The Saints only have four players in that position and would be the most eager to sign Loftus-Cheek.
He has struggled for form ever since coming back from an Achilles injury, which he picked up in May 2019.