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Hatem Ben Arfa, currently on loan at Hull City from Newcastle, could cancel his stay with the Tigers and return to St James's Park early should Alan Pardew be sacked. The pair had a public falling out, with the Frenchman banished to the reserves.
Former Celtic boss Neil Lennon has emerged as a contender to replace Ole Gunnar Solskjaer as manager of Cardiff with Lennon keen to enter discussions with the Welsh side.
Liverpool and Arsenal have turned their attentions to Isco after Juventus emerged as favourites to sign Pedro. The two Premier League clubs are monitoring Isco's situation at Real Madrid.
Chelsea and Liverpool have sent scouts to watch Julian Brandt in action for Bayer Leverkusen and manager Brendan Rodgers has also been to Germany to watch the starlet.
Arsenal are considering signing free agents Joseph Yobo or Diego Lugano as they seek defensive cover for Per Mertesacker and Laurent Koscielny.
Juventus have joined the race for Barcelona winger Pedro, putting Liverpool and Arsenal's pursuit of the 27-year-old into doubt. The Premier League duo were confident of snapping up Pedro in January but now face serious competition.
Chelsea have agreed a deal to sign FC Viitorul's 17-year-old defender Cristian Manea for £2.3 million. The Blues have successfully negotiated personal terms with the teenager, who will complete the move in January before joining Vitesse on loan.
Manchester United chiefs are hoping Sir Alex Ferguson's special relationship with Cristiano Ronaldo can be used to lure the Real Madrid superstar back to Old Trafford. The Red Devils have the funds in place to signing the Portugal international.
Everton have been alerted to the fact that Barcelona are unhappy with the playing time afforded to Gerard Deulofeu while on loan at Sevilla and could terminate his stay early, with Roberto Martinez ready to move for the young Spaniard.
Luiz Gustavo will reject a move to the Premier League this January. The Wolfsburg midfielder has attracted interest from both Arsenal and Manchester United but he intends to stay in the Bundesliga.