The French midfielder says he is staying at Rennes for the moment but if the club receives a good offer and he likes the destination, "there is no doubt" that he will leave
The 22-year-old was strongly linked with a transfer towards the end of last season, with Arsenal and Tottenham thought to be interested at various stages of the summer.
And while there have been no approaches for his services thus far in the January transfer window, the midfielder says he is open to all offers.
"I am at Rennes at the moment so let's see what happens," M'Vila told reporters.
"If the club receives a good offer and I like the destination then I will go, there is no doubt about that.
"Until that happens, nothing can be said."
The French club is currently fourth in Ligue 1 at the halfway stage of the season, with M'Vila playing in 14 of its 19 games so far.