Tottenham left winger Bale and Arsenal midfielder Nasri are the favourites to land the award for their early season performances.
Also nominated are Scott Parker, Rafael van der Vaart, Charlie Adam and Carlos Tevez.
Nemanja Vidic also makes the shortlist.
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Liverpool have unveiled their new home kit for next season, sticking with the hugely popular retro styling of the current shirt.
The reputation of the Premier League means it is the most popular and one of the most watched leagues in the world.