The Ivory Coast international was strongly linked with a move away from Lille in the January transfer window, but the French side wanted to keep the striker at the club until the end of the season.
Gervinho is reportedly keen on a move to a bigger league in the summer.
AS.com reports that Atletico Madrid are planning to make a summer move for the 23-year-old Ivory Coast hitman.
The Spanish giants face competition from the likes of Arsenal, Liverpool, Newcastle and Bayern Munich.