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Manchester United have the option to break their loan agreement with Monaco for forward Radamel Falcao. The Colombian has only recently recovered from a serious knee injury and if it were to happen again, United can cancel the loan.
Arsenal and Tottenham are battling to sign Fabian Schar in January. The Basel centre-back, 22, featured for Switzerland in the World Cup.
Chelsea and Arsenal are in the hunt for Ipswich Town full-back Tyrone Mings and will compete with Crystal Palace for his signature. Mings is expected to cost £2.5 million.
Arsenal are keeping tabs on Lyon striker Clinton N'Jie. The 21-year-old Cameroonian has been touted as the next Samuel Eto'o and has a release clause of £800,000.
Manchester United are not prepared to break the bank to sign Cristiano Ronaldo from Real Madrid and will try to play hardball with the Spanish giants over any potential deal.
Juventus and Fiorentina are eyeing a loan deal for Manchester United youngster Adnan Januzaj. The teenager could be available in January on a short-term deal with the two Italian sides both interested.
West Ham and QPR will battle it out to sign striker Jermain Defoe in the January transfer window. Harry Redknapp is keen to sign Defoe but faces competition from Harry Redknapp.
Newcastle are monitoring West Ham's Andy Carroll as he recovers from injury with a view to making a bid for the striker in the January transfer window.
Manchester United are yet to open contract talks with Andrea Pereira and could lose the youngster who is free to talks to clubs in January as his contract expires next summer.
QPR want to sign Leicester defender Ritchie de Laet. Harry Redknapp's side were interested in the 25-year-old during the summer and will try again to sign him in January.