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Chelsea have sounded out Middlesbrough about the possibility of signing 20-year-old former Barcelona winger Adama Traore, who only left Aston Villa last summer.
Borussia Dortmund forward Adrian Ramos is set to complete a €12 million move to Chinese Super League club Chongqing Lifan. The Colombia international is due to agree a deal to move to China in the next few days.
West Ham and Watford are set to go head-to-head over the signing of Inter defender Andrea Ranocchia this January.
The Gunners are planning ahead for the possibility of losing Alexis Sanchez and have identidied AC Milan attacker M'Baye Niang as one of their prime targets.
Manchester United are interested in signing £10 million-rated Celtic left-back Kieran Tierney. The Red Devils are looking for a more consistent solution at the problem position.
Manchester United have rejected a new bid for £13 million from Lyon for Memphis Depay. The Red Devils are holding out for £17.5 million with add-ons.
Pep Guardiola will look to sign another new goalkeeper for Manchester City in the summer, with Willy Caballero set to be released when his contract expires.
Manchester City have told Barcelona they are ready to pay a world-record fee of £100 million to sign Lionel Messi.
Chelsea are set to make a £8.5 million profit as Patrick Bamford moves closer to securing a permanent switch to Middlsebrough in a deal which could be worth up to £10 million.
Barcelona are monitoring Diego Costa's situation at Chelsea and have contacted the striker's camp. Atletico Madrid will almost certainly return for their ex-player in the summer as they expect Antoine Griezmann to join Manchester United.