The 26-year-old has sparked a bidding war between the Premier League duo, according to The Express.
Jarvis, who has one England cap to his name, could be interested in a return to the top flight after dropping down into the Championship with Wolves at the end of the season.
Reports claimed last month that Udinese are also in the running to sign the winger.
Restore Data
| Team | P | W | D | L | F | A | GD | PTS | |
| 1 | Arsenal | 36 | 26 | 5 | 5 | 88 | 28 | 60 | 83 |
| 2 | Manchester CityMan City | 35 | 25 | 7 | 3 | 87 | 33 | 54 | 82 |
| 3 | Liverpool | 36 | 23 | 9 | 4 | 81 | 38 | 43 | 78 |
| 4 | Aston Villa | 36 | 20 | 7 | 9 | 73 | 53 | 20 | 67 |
| 5 | Tottenham HotspurSpurs | 35 | 18 | 6 | 11 | 69 | 58 | 11 | 60 |
| 6 | Newcastle UnitedNewcastle | 35 | 17 | 5 | 13 | 78 | 56 | 22 | 56 |
| 7 | Chelsea | 35 | 15 | 9 | 11 | 70 | 59 | 11 | 54 |
| 8 | Manchester UnitedMan Utd | 35 | 16 | 6 | 13 | 52 | 55 | -3 | 54 |
| 9 | West Ham UnitedWest Ham | 36 | 13 | 10 | 13 | 56 | 70 | -14 | 49 |
| 10 | Bournemouth | 36 | 13 | 9 | 14 | 52 | 63 | -11 | 48 |
| 11 | Brighton & Hove AlbionBrighton | 35 | 12 | 11 | 12 | 53 | 57 | -4 | 47 |
| 12 | Wolverhampton WanderersWolves | 36 | 13 | 7 | 16 | 49 | 60 | -11 | 46 |
| 13 | Fulham | 36 | 12 | 8 | 16 | 51 | 55 | -4 | 44 |
| 14 | Crystal Palace | 36 | 11 | 10 | 15 | 49 | 57 | -8 | 43 |
| 15 | Everton | 36 | 12 | 9 | 15 | 38 | 49 | -11 | 37 |
| 16 | Brentford | 36 | 9 | 9 | 18 | 52 | 60 | -8 | 36 |
| 17 | Nottingham ForestNott'm Forest | 36 | 8 | 9 | 19 | 45 | 63 | -18 | 29 |
| 18 | Luton TownLuton | 36 | 6 | 8 | 22 | 49 | 78 | -29 | 26 |
| 19 | Burnley | 36 | 5 | 9 | 22 | 39 | 74 | -35 | 24 |
| R | Sheffield UnitedSheff Utd | 36 | 3 | 7 | 26 | 35 | 100 | -65 | 16 |
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