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Real Madrid have told Manchester United that Gareth Bale is not for sale at any price. The Red Devils have been linked with the Wales international but Real says even €300m is not enough to sign the former Spurs man.
Hamburg have pulled out on the Hatem Ben Arfa deal. Nice are still in contact but only have until Friday before the player returns to training with the Newcastle United.
Inter officials will speak to Paris Saint-Germain in the coming days over a potential summer swoop for Ezequiel Lavezzi, with January considered an unlikely time to bid.
Chelsea have jumped ahead of Arsenal and Manchester United in the race to sign Corinthians teenage sensation Malcolm Silva. The 17-year-old has been tipped to emulate Brazil superstar Neymar and will cost around €25 million.
Louis van Gaal is considering re-signing Nemanja Vidic barely six months after he left Manchester United. The centre-back is out of favour at Inter and would be available for nothing, with the United boss ready to end his Italian nightmare.
Arsenal are preparing a €7.5 million bid for Saint-Etienne's Loic Perrin. Arsene Wenger is eager to bolster his midfield in January, but has had to look for alternatives to No.1 target Morgan Schneiderlin due to Southampton's reluctance to sell.
Liverpool are planning a double raid on Aston Villa in January and are ready to launch a €20m double bid for Ron Vlaar and Fabian Delph. The duo are out of contract in the summer but the Villans are prepared to risk losing them for free.
QPR boss Harry Redknapp is plotting an audacious bid for Atletico Madrid attacker Cristian Rodriguez. The Uruguayan has featured only sparingly for the Liga champions this season and would welcome a move to Loftus Road.
Arsenal are ready to make a fresh bid to sign Sporting midfielder William Carvalho, having previously been rebuffed by the Portuguese outfit. The Gunners are willing to pay €25m and hope Sporting's Champions League exit will force them to sell.
Real Madrid are ready to test how much Manchester United want Gareth Bale by demanding David De Gea in exchange. The Red Devils are ready to offer over €125m to land the Welshman but los Blancos want the Spaniard as part of any deal.