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With Gerard Pique reluctant to leave Barcelona, and doubts over Ron Vlaar's long-term fitness, Manchester United will make a move for Real Madrid centre-back Raphael Varane.
Arsenal are ready to bid £36 million for Real Madrid star Isco in January. The Gunners were rebuffed in their attempts to sign the Spaniard in the summer.
Chelsea have been told that they will have to stump up at least £12 million to secure the services of Lucas Silva. The Cruzerio star is reportedly wanted by a host of clubs, including Real Madrid, and has been linkened to Kaka.
Bayern Munich playmaker Xherdan Shaqiri has been told he can leave the Allianz Arena in January, with the 23-year-old having fallen down the pecking order, and Liverpool are set to reignite their interest in the Switzerland international.
Liverpool and Manchester United are ready to go head-to-head to sign 19-yearold Herenveen midfielder Daley Sinkgraven. The Dutch wonderkid, billed as the 'next Steven Gerrard', would welcome a move to one of the giants of English football.
Arsenal are ready to make a January move for a midfielder following Jack Wilshere's latest injury. Sami Khedira is no longer a target, with the Gunners instead looking to sign either Grzegorz Krychowiak from Sevilla or Everton's James McCarthy.
Real Madrid manager Carlo Ancelotti has stalled contract talks with the Spanish giants and is weighing up a return to English football.
Bayern Munich passed up the chance to sign Sergio Aguero in 2006 because the club's manager at the time, Felix Magath, felt the striker was too lazy.
Malaga are interested in Mauro Zarate as they seek to strengthen their attack. The striker, has not been a regular for West Ham this season, and is likely to be expensive but the Spanish side are hopeful a deal can be done.
Arsenal are set to miss out on Basel defender Fabian Schar who is closing in on a move to Juventus. The player's representatives have been in talks with Juve and Schar is happy with the terms on offer.