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Arsenal are keeping tabs on former Tottenham target Joao Moutinho. The Portugal international is seen as an heir to veteran Gunners skipper Mikel Arteta, with Arsene Wenger keen to bolster his midfield, but Monaco will hold out for £30 million.
Liverpool are the latest team to show interest in West Brom's Saido Berahino. Brendan Rodgers is ready to make a January move for the 21-year-old, who is also wanted by Tottenham and Manchester United, in a bid to cure his side's injury crisis.
Real Madrid have gazumped a host of European giants in the race to sign Martin Odegaard. The Norwegian wonderkid can sign a professional deal from December 17 and is close to agreeing terms on a contract put forward by los Blancos.
Chelsea are closing in on their first signing of the January transfer window, with the Blues set to beat Tottenham to the signature of Andrej Kramaric. The 23-year-old has impressed for Rijeka this term, earning a call-up to the Croatia team.
Arsenal are favourites to land Petr Cech in January but must pay £7 million for the veteran goalkeeper. Despite Jose Mourinho's claims to the contrary, the Czech wants to leave in search of first-team football and is also wanted by Roma and Madrid.
Sunderland are poised to make a £9.5 million bid for Galatasaray attacker Bruma in January. Chelsea, Everton and Manchester United are among the clubs also interested in the 20-year-old, but the Black Cats are hoping to gazump their rivals.
Arsenal are ready to make a move for Hamburger SV midfielder Tolgay Arslan. The former Germany Under-21 international is out of contract next summer and would be available on a free, with Arsene Wenger hoping he can fill his side's midfield void.
Juventus are willing to sell Arturo Vidal in the summer and will listen to offers for the Chile international. Manchester United were keen on the midfielder last summer but failed in their attempts to lure him to Old Trafford.
Chelsea are preparing to offer Borussia Dortmund £25m plus Andre Schurrle for Marco Reus in the January transfer window.
Manchester United have been offered Dario Srna by Shakhtar Donetsk. The Red Devils are keen to find cover a right-back for Rafael and could make a short-term move for the Croatia international.