Ibe is under investigation by Bournemouth after posting a photograph of himself on social media getting a haircut – in breach of current social distancing rules.
Despite his large transfer fee, winger Ibe has struggled to establish himself in Eddie Howe’s team.
In 44 Premier League appearances for Bournemouth, he has found the net just three times.
Six other Bournemouth players are also out of contract on June 30: Ryan Fraser, Charlie Daniels, Andrew Surman, Simon Francis, Artur Boruc and Brad Smith.
Clubs cannot stop players leaving when their deals are up, but many are negotiating short-term contract extensions.