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Juventus and Inter Milan are keen to sign Luiz Gustavo from Wolfsburg, with the Brazilian open to a move following the club's poor start to the season.
Arsenal will not attempt to call Jack Wilshere back to the Emirates following Santi Cazorla's injury, despite the Spaniard facing three months on the sidelines.
Jose Mourinho is keen to sign Ivan Rakitic from Barcelona as he looks to find a partner for Paul Pogba in the Old Trafford midfield.
AC Milan is monitoring Ajax forward sensation Kasper Dolberg. Napoli, Juventus and Manchester City are also interested in him.
Everton and West Brom are preparing 20 million pound ($25.3M) offers for Manchester United midfielder Morgan Schneiderlin, with the France international currently out of favor at Old Trafford and likely to move on in January.
Liverpool will rebuff West Ham's attempts to sign Daniel Sturridge in January. The Hammers are willing to spend big on the England forward, but Jurgen Klopp wants to keep everyone except Mamadou Sakho until the end of the season.
Chelsea will wait until next summer before launching another 50 million pound ($63M) bid for Kalidou Koulibaly because the club does not want to pay the defender and promptly lose him to the Africa Cup of Nations.
MLS expansion side Atlanta United is close to acquiring goalkeeper Sean Johnson from the Chicago Fire in exchange for allocation money.
Middlesbrough goalkeeper Brad Guzan is exploring a potential return to MLS in January, with the LA Galaxy, New York City FC and the Chicago Fire among the potential suitors. The U.S. international would not be a designated player.
The Chicago Fire are set to sign Legia Warsaw striker Nemanja Nikolic in January, with Hull City missing out on the Hungary international.