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Tottenham is keen to sign Paris Saint-Germain midfielder Adrien Rabiot on loan in January and has already held talks with the player's representative.
Atletico Madrid wants to re-sign Fernando Torres from Chelsea but only if the Spaniard is allowed to leave on a free transfer. The Spanish champions are reportedly 404 million pounds in debt. Torres is currently on loan at Milan.
Manchester United is preparing a bid for Fiorentina winger Juan Cuadrado. The 26-year-old, a star for Colombia at the World Cup, is said to be unhappy with his playing time at the Serie A side and United hopes he will push for a move in January.
Out-of-contract New England Revolution defender A.J. Soares is set to sign with Serie A side Hellas Verona, according to a tweet from KickTV's Jimmy Conrad.
Gennaro Gattuso is set to take over at Rangers following Ally McCoist's resignation. The Italian is keen to return to his former club after managerial roles at Sion, Palermo and OFI Crete.
Liverpool is set to replace goalkeeper Simon Mignolet with John Ruddy. Norwich wants 8 million pounds for the shot stopper, with Crystal Palace also interested.
Barcelona defender Martin Montoya, a January target for Liverpool, is set to move to Juventus. The Serie A side has agreed to a deal with Barca to sign the youngster next month.
Arsenal is plotting a double move and is willing to spend 50 million pounds on Marek Hamsik and Mattia Destro in the January transfer window, with Joel Campbell and Lukas Podolski to be moved on.
QPR is set to sell Junior Hoilett in the January transfer window. Harry Redknapp is keen to raise funds and wants to bring in two new players, with Toronto FC striker Jermain Defoe a top target.