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CKSA Moscow have told Premier League sides Liverpool, Chelsea and Tottenham that they will have to pay £20m for Seydou Doumbia.
Arsenal are monitoring Eintracht Frankfurt goalkeeper Kevin Trapp. The 24-year-old is valued at around £4m with Liverpool also targeting the player after impressive displays in the Bundesliga.
Manchester United will resurrect a move for Nicolas Otamendi as hopes fade over a deal for £47m-rated Mats Hummels. Otamendi is believed to be available as his club Valencia ready a move for Marseille centre-back Doria.
Arsenal are closing in on a deal for Polish starlet Krystian Bielik. The 16-year-old is currently at Legia Warsaw after moving from Lech Poznan and is expected to move to the Emirates for £1.6 million.
Liverpool boss Brendan Rodgers is readying an audacious £50 million bid for Real Madrid striker Karim Benzema. Reports in Spain suggest Madrid would be happy to part ways with the Frenchman for a fee in that region.
Real Madrid have confirmed they will not be making any January signings, paving the way for one of Arsenal, Manchester United or Chelsea to snap up Cruzeiro star Lucas Silva. The fee is believed to be around £13 million.
Southampton are not interested in a move for Galatasaray playmaker Wesley Sneijder, after reports on Wednesday night suggested they were to make a January move for the 30-year-old. This leaves the door open for the likes of Man Utd.
Borussia Dortmund will not sign players in January which means Salzburg's Kevin Kampl won't join Jürgen Klopp's side soon.
Eden Hazard is on the brink of signing a new £200,000 per week five year contract at Chelsea.
Out-of-favour QPR midfielder Adel Taarabt is wanted by Serie A side Atalanta. The 25-year-old has been heavily criticised by Harry Redknapp but may seek a move back to Italy where he spent time on loan at Milan last season.