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Everton are considering a move for Corinthians striker Alexandre Pato. The 25-year-old is currently on loan at Sao Paulo until the end of 2015.
Chelsea have contacted Sergio Ramos agent in order to sound out a potential summer move for the Real Madrid defender. The 28-year-old is also being targeted by Manchester United and Arsenal.
Athletic Bilbao will only allowed defender Aymeric Laporte to leave the club if his full buy-out clause of £32m is met. Manchester United and Real Madrid have both been linked with the 20-year-old.
Arsenal are interested in signing Empoli defender Daniele Rugani as Arsene Wenger looks to continue to strengthen his defence.
Ravel Morrison will fly to Rome on Wednesday to seal a move to Lazio. West Ham have given the midfielder permission to travel.
Manchester City are set to re-open talks with James Milner over a new deal. The midfielder wants assurances over playing time with both parties not yet having given up on reaching an agreement.
Manchester United are still keen to sell Nani despite the Portugal international insisting the club want him to return after his loan spell with Sporting. However, the club are worried his £100,000-a-week wages may prove a problem.
Borussia Dortmund, Feyenoord and FC Twente have Arsenal's Chuba Akpom a deal with the youngster out of contract in the summer. Liverpool are also keen on the teenager.
Manchester United are unlikely to sign any players in January. The club would rather wait until the summer to capture their top targets than sign any 'stop-gaps'.
Athletic Bilbao's fans have to vote for a new chairman in March. One of the candidates, Fernando Garcia Macua, has vowed to bring Jurgen Klopp to the club for next next season if elected.