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Published 16:33 11 Dec 2016 GMT
Updated 16:37 11 Dec 2016 GMT
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McCarthy has started Everton's last two games, after returning from an injury that kept him out of Ireland's win over Austria last month, but will reportedly be the subject of two bids next month.
Here's the options on offer for him:
Everton
McCarthy's final transfer option is to stay put.
He signed a five-year deal in 2015, and has started Everton's last two-games.
However, at this stage of his career he needs regular football, and with Koeman looking to overhaul his squad, and never appearing convinced by the Glaswegian, it could be time for McCarthy to move on.
What's certain is that this will be the key decision of his career.
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