The 25-year-old has made 20 appearances for the Blues this season after spending the previous campaign on loan with Fulham, and he has picked up three assists throughout the campaign in all competitions.
According to the Daily Mail, the Toffees want to sign Loftus-Cheek this month due to injuries within their midfield which have left the squad depleted, but Thomas Tuchel would prefer to keep the Englishman.
Juventus have also been looking at Loftus-Cheek as a potential signing within January on a loan deal until the end of the season, providing some competition for the Toffees if Chelsea do decide to offload.
Should the Blues keep the England international, then he could be next in action on February 5 when they face Plymouth Argyle in the FA Cup.
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