Goal.com Transfer Talk is your 24/7 source for all the latest rumours in the global transfer market.
Manchester United boss Louis van Gaal is resigned to missing out on Borussia Dortmund centre-back Mats Hummels, but is ready to move for BVB team-mate Nevan Subotic instead, while Aston Villa's Ron Vlaar is also on his radar.
Manchester United will reignite their bid to sign Juventus'sArturo Vidal this January, though also want to sign the Chilean's team-mate Angelo Ogbonna too. The Red Devils are eyeing a £51 million deal as Louis van Gaal looks for reinforcements.
Premier League giants Arsenal and Chelsea lead the race to sign Sami Khedira on a free transfer at the end of the season. The German World Cup winner has yet to sign a new deal at Real Madrid and is chasing a huge cash sum should he move.
Liverpool boss Brendan Rodgers is ready to launch a bid for Napoli striker Gonzalo Higuain, who is unsettled in Naples. The Serie A side are already plotting a move for Jackson Martinez as a replacement, who had been high on Arsene Wenger's wishlist.
Liverpool have stolen a march on Premier League rivals and are close to agreeing a deal to sign in-demand MK Dons midfielder Dele Alli. The English wonderkid will cost around £8 million, though could be loaned back to his League One club.
David Moyes is on Newcastle United's radar to replace under-fire boss Alan Pardew. The 53-year-old saw his side succumb to Stoke City on Monday and the Scottish coach, who flopped at Manchester United, leads the race to replace him.
Arsene Wenger has sent Arsenal scouts to watch West Ham's 15-year-old sensation Reece Oxford. The Gunners boss had the teenager, likened to Rio Ferdinand, appraised in the Hammers' Under-21 victory over Sunderland.
Mikel Arteta is the latest Arsenal player to agree a contract extension with the club. The Gunners captain will sign a deal until 2016 which will be announced next week, while Theo Walcott is also expected to renew with the north Londoners.
Bundesliga outfit Borussia Monchengladbach are keen on signing Ukraine international Yevhen Konoplyanka from Dnipro Dnipropetrovsk. He will be available on a fee transfer next summer, though is also wanted by Premier League giants Liverpool.
Manchester City are set to offer Sergio Ramos a £7.7 million-a-year contract. The Spain international's contract at Real Madrid expires in 2017 but he is keen to remain at the Santiago Bernabeu.